Steinway Dr #AWY4HKLindenMI48451
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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 Linden at Steinway Dr #AWY4HK, Linden, MI, 48451 offers $5,290/mo rent that, after a $3,009/mo payment, leaves $1,236/mo cash flow. Total monthly income is $5,290/mo, and annual cash flow is $14,830/yr on $202,269 cash. Return on cash invested measures 27.39% in year one, and rental yield stands at 10.33% at a $614,800 entry. Equity gained on principal adds $3,967/yr while 5% annual appreciation compounds into $169,858 by year five. Five-year ROI records 143.47% and total cumulative return in cash reaches $290,186. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,290/mo property income versus a $3,009/mo payment rather than borrower’s personal income verification through W2s, Salary slips, 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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