8474 Chesterfield DrSwartz CreekMI48473
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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 Swartz Creek at 8474 Chesterfield Dr, Swartz Creek, MI, 48473 generates $1,651/mo in rent and, after a $930/mo payment, leaves $398/mo in cash flow. Total monthly income is $1,651/mo, and annual cash flow is $4,776/yr on $62,985 invested. Return on cash invested sits at 27.49% in year one, and rental yield is 10.43% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 144.03% and total cumulative return in cash sums $90,720. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Single Family
Built in 1959
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48473, Swartz Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,182 (100%) |
| Owner Occupied HU | 7,490 (81.6%) |
| Renter Occupied HU | 1,357 (14.8%) |
| Vacant Housing Units | 335 ( 3.6%) |
| Median Home Value | $226,477 |
| Average Home Value | $241,027 |
Housing Distribution
Address Breakdown
Residential
9,444
Single Family
8,912
Multi-Family
532
Businesses
349
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Listed by: Michael F Lachowicz • Key Realty - Monroe
Mls Name: Realcomp II
Mls ID: #20251061486