8655 Ida Maybee RdMonroeMI48162
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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
Investment property for sale in Monroe at 8655 Ida Maybee Rd, Monroe, MI, 48162 uses $79,527 cash to close to unlock $2,990/yr annual cash flow and $249/mo monthly cash flow. Total monthly income runs $1,831/mo, and a $1,174/mo payment keeps the spread at $249/mo. Purchase price stands at $239,900, and rental yield measures 9.16% with $1,831/mo rent. Return on cash invested shows 23.67% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 123.57% and total cumulative return in cash records $98,275. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,831/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48162, Monroe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,229 (100%) |
| Owner Occupied HU | 8,910 (67.4%) |
| Renter Occupied HU | 3,509 (26.5%) |
| Vacant Housing Units | 810 ( 6.1%) |
| Median Home Value | $217,176 |
| Average Home Value | $263,697 |
Housing Distribution
Address Breakdown
Residential
12,536
Single Family
11,056
Multi-Family
1,480
Businesses
667
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