16970 Park LnFraserMI48026
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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
Rental property for sale in Fraser at 16970 Park Ln, Fraser, MI, 48026 generates $3,095/mo in rent and, after a $1,884/mo payment, leaves $557/mo in cash flow. Total monthly income is $3,095/mo, and annual cash flow is $6,678/yr on $127,628 invested. Return on cash invested sits at 25.14% in year one, and rental yield is 9.65% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 131.43% and total cumulative return in cash sums $167,746. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,095/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48026, Fraser, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 4,624 (71.7%) |
| Renter Occupied HU | 1,687 (26.1%) |
| Vacant Housing Units | 142 ( 2.2%) |
| Median Home Value | $217,434 |
| Average Home Value | $243,374 |
Housing Distribution
Address Breakdown
Residential
6,372
Single Family
5,658
Multi-Family
714
Businesses
679
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