13348 Vernon AveHuntington WoodsMI48070
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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
Investment property for sale in Huntington Woods at 13348 Vernon Ave, Huntington Woods, MI, 48070 offers a 7.32% rental yield on a $795,000 purchase with $4,852/mo rent. 27% in year one. Equity gained on principal adds $5,130/yr while 5% annual appreciation supports $219,644 over five years. Portfolio math shows five-year ROI at 94.55% and total cumulative return in cash at $247,306. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,852/mo property income against a $3,891/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48070, Huntington Woods, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,436 (100%) |
| Owner Occupied HU | 2,349 (96.4%) |
| Renter Occupied HU | 57 ( 2.3%) |
| Vacant Housing Units | 30 ( 1.2%) |
| Median Home Value | $483,526 |
| Average Home Value | $536,033 |
Housing Distribution
Address Breakdown
Residential
2,428
Single Family
2,428
Multi-Family
0
Businesses
89
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Listed by: Stephanie Steidemann • SimpliHom
Mls Name: Realcomp II
Mls ID: #20251027125