Champion 2860 223 Site DE611 Plan, Deerfield EstatesFlat RockMI48134
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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 Flat Rock at Champion 2860 223 Site DE611 Plan, Deerfield Estates, Flat Rock, MI, 48134 generates $954/mo in rent and, after a $582/mo payment, leaves $170/mo in cash flow. Total monthly income is $954/mo, and annual cash flow is $2,038/yr on $39,415 invested. Return on cash invested sits at 25.08% in year one, and rental yield is 9.63% on a $118,900 entry. Equity gained on principal adds $767/yr, while 5% annual appreciation builds toward $32,850 over five years. Five-year ROI reaches 131.12% and total cumulative return in cash sums $51,682. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48134, Flat Rock, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,608 (100%) |
| Owner Occupied HU | 7,529 (78.4%) |
| Renter Occupied HU | 1,760 (18.3%) |
| Vacant Housing Units | 319 ( 3.3%) |
| Median Home Value | $298,420 |
| Average Home Value | $288,923 |
Housing Distribution
Address Breakdown
Residential
9,569
Single Family
8,937
Multi-Family
632
Businesses
444
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