8421 Lagoon St, Commerce Township, MI, 48382 | 6.62% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
828 sft

10401 Troy St, Oak Park, MI, 48237

3 Bed
3 Bath
2350 sft

1057 La Salle Ave, Waterford, MI, 48328

2 Bed
3 Bath
1676 sft

8165 Sequoia Ln, White Lake, MI, 48386

2 Bed
1 Bath
832 sft

14480 Borgman St, Oak Park, MI, 48237

Nearby investment properties with comparable prices

2 Bed
2 Bath
1718 sft

3883 Old Creek Rd #18, Troy, MI, 48084

Motivated Seller+ 1 more

3 Bed
2 Bath
2230 sft

29546 Fall River Rd, Southfield, MI, 48076

3 Bed
2 Bath
2110 sft

5331 Breeze Hill Pl, Troy, MI, 48098

5 Bed
2 Bath
1731 sft

25420 Mulberry Dr, Southfield, MI, 48033

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Commerce Township at 8421 Lagoon St, Commerce Township, MI, 48382 earns from $1,765/mo rent with a $1,566/mo payment. Total monthly income totals $1,765/mo. ROI tracks 16.01% on current figures, and rental yield reads 6.62% at a $320,000 purchase. Equity gained on principal adds $2,065/yr, and 5% annual appreciation supports $88,410 over five years. Five-year ROI reaches 82.43% and total cumulative return in cash sums $87,447. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,765/mo property income instead of your personal income.

Single Family

Built in 1940

6,534 sqft lot

$N/A/sqft

No HOA