Steinway Dr #82IB94LindenMI48451
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
Investment property for sale in Linden at Steinway Dr #82IB94, Linden, MI, 48451 at $527,600 posts ROI 29.05% with $1,301/mo cash flow from $4,780/mo rent. Total monthly income equals $4,780/mo, and annual cash flow records $15,613/yr on $173,580 to close. Return on cash invested measures 29.05% and rental yield reads 10.87% at the current $527,600. Equity gained on principal adds $3,405/yr, and 5% annual appreciation supports $145,766 by year five. Five-year ROI prints 152.41% and total cumulative return in cash totals $264,549.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,780/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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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