Elements 2390 Plan, Manchester WoodsManchesterMI48158
Nearby investment properties with comparable rents
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
Total monthly income runs $2,520/mo, and a $2,089/mo payment. Purchase price stands at $426,900, and rental yield measures 7.08% with $2,520/mo rent. Return on cash invested shows 17.41% in year one, and 5% annual appreciation builds toward $117,945 over five years. Five-year ROI reaches 89.99% and total cumulative return in cash records $127,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,520/mo property income covering a $2,089/mo payment rather than investor’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48158, Manchester, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,254 (100%) |
| Owner Occupied HU | 2,773 (85.2%) |
| Renter Occupied HU | 312 ( 9.6%) |
| Vacant Housing Units | 169 ( 5.2%) |
| Median Home Value | $363,695 |
| Average Home Value | $428,857 |
Housing Distribution
Address Breakdown
Residential
2,959
Single Family
2,934
Multi-Family
25
Businesses
172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Allen Edwin Homes
Mls Name: Allen Edwin Homes
Mls Provider:
Mls ID: #N/A