8989 Steffas RdMaybeeMI48159
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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 Maybee at 8989 Steffas Rd, Maybee, MI, 48159 generates $2,642/mo in rent, after a $3,524/mo payment. Total monthly income is $2,642/mo. Return on cash invested sits at 9.39% in year one, and rental yield is 4.4% on a $719,900 entry. Equity gained on principal adds $4,645/yr, while 5% annual appreciation builds toward $198,895 over five years. Five-year ROI reaches 46.95% and total cumulative return in cash sums $111,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,642/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48159, Maybee, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 898 (88.0%) |
| Renter Occupied HU | 87 ( 8.5%) |
| Vacant Housing Units | 35 ( 3.4%) |
| Median Home Value | $303,896 |
| Average Home Value | $316,796 |
Housing Distribution
Address Breakdown
Residential
915
Single Family
915
Multi-Family
0
Businesses
30
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