Currently rented at $2,700/month through May 2027, this strong cash-flow property offers investors immediate income, lease stability, and a rare monthly rent figure at this price point. The property produces $32,400/year in gross scheduled rental income, creating an attractive 18.5% gross rent-to-price return and a strong 1.54% monthly rent-to-price ratio before expenses. For DSCR buyers, the rent roll is especially compelling as the current rental income provides strong debt-service coverage potential. Final DSCR will depend on interest rate, taxes, insurance, and lender guidelines, but the income profile is exactly what cash-flow investors look for. The existing lease through May 2027 gives the next owner a clear runway of income without needing to immediately place a tenant, market the property, or absorb vacancy risk. That lease stability is a major advantage for buy-and-hold investors who want predictable performance from day one. This is the type of asset that checks the right boxes: strong monthly rent, tenant already in place, attractive gross return, DSCR-friendly income, and a lease term that supports long-term planning. Whether you are expanding your portfolio or looking for a high-income rental with immediate performance, this property deserves a serious look. Please do not disturb the tenant. Showings to be arranged through the proper channels.
64 days
|
267
|
27
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Zillow last checked:
Listing updated:
Listed by:
Anuj Chand810-908-6470,
Keller Williams First810-515-1503
Source: Realcomp II,MLS#: 20261040404
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Primary bedroom
Level: Entry
Area: 120
Dimensions: 10 X 12
Bedroom
Level: Entry
Area: 100
Dimensions: 10 X 10
Bedroom
Level: Entry
Area: 110
Dimensions: 10 X 11
Other
Level: Entry
Kitchen
Level: Entry
Area: 108
Dimensions: 9 X 12
Living room
Level: Entry
Area: 272
Dimensions: 16 X 17
Heating
Forced Air, Natural Gas
Appliances
Included: Dishwasher, Dryer, Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Washer
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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