The Berkeley Plan, Preston CornersUticaMI48315
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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 Utica at The Berkeley Plan, Preston Corners, Utica, MI, 48315 offers $4,796/mo rent that, after a $2,942/mo payment, leaves $832/mo cash flow. Total monthly income is $4,796/mo, and annual cash flow is $9,988/yr on $197,726 cash. Return on cash invested measures 25.11% in year one, and rental yield stands at 9.58% at a $600,990 entry. Equity gained on principal adds $3,878/yr while 5% annual appreciation compounds into $166,042 by year five. Five-year ROI records 131.26% and total cumulative return in cash reaches $259,535. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,796/mo property income versus a $2,942/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48315, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,660 (100%) |
| Owner Occupied HU | 9,734 (83.5%) |
| Renter Occupied HU | 1,562 (13.4%) |
| Vacant Housing Units | 364 ( 3.1%) |
| Median Home Value | $387,075 |
| Average Home Value | $384,918 |
Housing Distribution
Address Breakdown
Residential
11,656
Single Family
11,075
Multi-Family
581
Businesses
1,095
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