10880 Pardee RdTaylorMI48180
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.62% yield at 10880 Pardee Rd, Taylor, MI, 48180 in Taylor is solid, but the $1,075/mo payment compresses net cash flow to $141/mo at $239,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $66,031 by year five, and $2,201/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.60) without U.S. income documentation. Total projected return: $100,105.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $141 | $300 |
City averages based on Taylor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,717 |
| Total Monthly Debt Service | $1,481 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
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
Townhouse
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices