8330 Dickert StCommerce TownshipMI48382
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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
Rental property for sale in Commerce Township at 8330 Dickert St, Commerce Township, MI, 48382 priced at $100,000 converts $2,347/mo rent into $1,667/mo cash flow after a $489/mo obligation. Total monthly income equals $2,347/mo, and annual cash flow totals $20,008/yr on $33,150 invested. Return on cash invested prints 80.26% in year one, and rental yield reads 28.16% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 427.38% and total cumulative return in cash sums $141,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,347/mo property income covering a $489/mo payment, not borrower’s personal income.
Lot
Built in N/A
0.57 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeffrey J Kashat • KW Showcase Realty
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240052866
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-09-15 00:04:38 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702