1300 Chalmers DrAnn ArborMI48104
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 1300 Chalmers Dr, Ann Arbor, MI, 48104 earns $112/mo cash flow from $4,728/mo rent with a $3,426/mo payment. Total monthly income totals $4,728/mo, and annual cash flow totals $1,344/yr on $230,300 capital. ROI tracks 20.64% on current figures, and rental yield reads 8.11% at a $700,000 purchase. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 over five years. Five-year ROI reaches 107.27% and total cumulative return in cash sums $247,048. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,728/mo property income instead of your personal income.
Single Family
Built in 1955
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48104, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,614 (100%) |
| Owner Occupied HU | 6,482 (34.8%) |
| Renter Occupied HU | 10,844 (58.3%) |
| Vacant Housing Units | 1,288 ( 6.9%) |
| Median Home Value | $496,124 |
| Average Home Value | $616,672 |
Housing Distribution
Address Breakdown
Residential
18,397
Single Family
11,535
Multi-Family
6,862
Businesses
2,114
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