Steinway Dr #3NVFQVLindenMI48451
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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 Linden at Steinway Dr #3NVFQV, Linden, MI, 48451 with 5% annual appreciation on a $568,400 basis while $4,727/mo rent supports operations. Total monthly income totals $4,727/mo and a $2,782/mo payment preserves $979/mo for cash returns. Annual cash flow comes to $11,745/yr on $187,004 deployed, and return on cash invested reaches 26.34% in year one. Equity gained on principal adds $3,668/yr, and five-year appreciation sums $157,038 alongside rental yield of 9.98%. Five-year ROI measures 137.83% and total cumulative return in cash totals $257,751.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,727/mo property income versus a $2,782/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48451, Linden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,742 (100%) |
| Owner Occupied HU | 5,828 (86.4%) |
| Renter Occupied HU | 535 ( 7.9%) |
| Vacant Housing Units | 379 ( 5.6%) |
| Median Home Value | $300,495 |
| Average Home Value | $344,425 |
Housing Distribution
Address Breakdown
Residential
6,442
Single Family
6,442
Multi-Family
0
Businesses
260
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