8424 Roosevelt StTaylorMI48180
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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 Taylor at 8424 Roosevelt St, Taylor, MI, 48180 priced at $220,000 converts $1,661/mo rent into $210/mo cash flow after a $1,077/mo obligation. Total monthly income equals $1,661/mo, and annual cash flow totals $2,520/yr on $72,930 invested. Return on cash invested prints 23.36% in year one, and rental yield reads 9.06% against a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation compiles into $60,782 by year five. Five-year ROI reaches 121.89% and total cumulative return in cash sums $88,895. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,661/mo property income covering a $1,077/mo payment, not borrower’s personal income.
Single Family
Built in 1956
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
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