1001 Cornwell DrAnn ArborMI48105
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 Ann Arbor at 1001 Cornwell Dr, Ann Arbor, MI, 48105 with 5% annual appreciation on a $574,999 basis while $5,741/mo rent supports operations. Total monthly income totals $5,741/mo and a $2,814/mo payment preserves $1,775/mo for cash returns. Annual cash flow comes to $21,294/yr on $189,175 deployed, and return on cash invested reaches 31.32% in year one. Equity gained on principal adds $3,710/yr, and five-year appreciation sums $158,862 alongside rental yield of 11.98%. Five-year ROI measures 164.93% and total cumulative return in cash totals $311,998.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $5,741/mo property income versus a $2,814/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.94 Acres lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,988 (100%) |
| Owner Occupied HU | 8,288 (46.1%) |
| Renter Occupied HU | 8,515 (47.3%) |
| Vacant Housing Units | 1,185 ( 6.6%) |
| Median Home Value | $491,269 |
| Average Home Value | $578,441 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
