8628 Strom DrSterling HeightsMI48314
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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 Sterling Heights at 8628 Strom Dr, Sterling Heights, MI, 48314 generates $2,728/mo in rent and, after a $1,591/mo payment, leaves $496/mo in cash flow. Total monthly income is $2,728/mo, and annual cash flow is $5,954/yr on $107,738 invested. Return on cash invested sits at 25.44% in year one, and rental yield is 10.07% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 133.39% and total cumulative return in cash sums $143,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,728/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48314, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,131 (100%) |
| Owner Occupied HU | 6,584 (72.1%) |
| Renter Occupied HU | 2,232 (24.4%) |
| Vacant Housing Units | 315 ( 3.4%) |
| Median Home Value | $361,134 |
| Average Home Value | $368,744 |
Housing Distribution
Address Breakdown
Residential
9,024
Single Family
7,962
Multi-Family
1,062
Businesses
714
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Listed by: Christina Gennari • KW Domain
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251028435
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 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 2025-08-20 07:40:43 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702