1701 Ashfield StHowellMI48855
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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 Howell at 1701 Ashfield St, Howell, MI, 48855 generates $2,668/mo in rent and, after a $1,696/mo payment, leaves $143/mo in cash flow. Total monthly income is $2,668/mo, and annual cash flow is $1,715/yr on $114,865 invested. Return on cash invested sits at 21.4% in year one, and rental yield is 9.24% on a $346,500 entry. Equity gained on principal adds $2,236/yr, while 5% annual appreciation builds toward $95,732 over five years. Five-year ROI reaches 112.28% and total cumulative return in cash sums $128,971. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,668/mo property income rather than buyer’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$240 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Steven W Mittleman • Mayberry Real Estate LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240063934
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-01-11 05:04:42 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702