8737 Crestview DrSterling HeightsMI48312
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Nearby investment properties with comparable prices
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 8737 Crestview Dr, Sterling Heights, MI, 48312 priced at $300,000 pairs $2,866/mo rent with $888/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,866/mo, and annual cash flow comes to $10,656/yr on $99,450 invested. Return on cash invested is 30.62% in year one, and rental yield stands at 11.46% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 160.82% and total cumulative return in cash reaches $159,936. For financing, Ziffy Mortgage’s DSCR program evaluates $2,866/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48312, Sterling Heights, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,521 (100%) |
| Owner Occupied HU | 10,355 (71.3%) |
| Renter Occupied HU | 3,743 (25.8%) |
| Vacant Housing Units | 423 ( 2.9%) |
| Median Home Value | $267,544 |
| Average Home Value | $286,430 |
Housing Distribution
Address Breakdown
Residential
14,323
Single Family
12,224
Multi-Family
2,099
Businesses
703
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Listed by: Jason Gelios • Community Choice Realty Inc.
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50163155
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