8253 Berwick DrWestlandMI48185
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Westland at 8253 Berwick Dr, Westland, MI, 48185 at $499,000 posts ROI 21.38% with $203/mo cash flow from $3,493/mo rent. Total monthly income equals $3,493/mo, and annual cash flow records $2,432/yr on $165,419 to close. Return on cash invested measures 21.38% and rental yield reads 8.4% at the current $499,000. Equity gained on principal adds $3,220/yr, and 5% annual appreciation supports $137,865 by year five. Five-year ROI prints 111.26% and total cumulative return in cash totals $184,038.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,493/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48185, Westland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,561 (100%) |
| Owner Occupied HU | 12,999 (52.9%) |
| Renter Occupied HU | 10,365 (42.2%) |
| Vacant Housing Units | 1,197 ( 4.9%) |
| Median Home Value | $193,365 |
| Average Home Value | $224,102 |
Housing Distribution
Address Breakdown
Residential
23,580
Single Family
15,783
Multi-Family
7,797
Businesses
1,239
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