1717 Cedar LnAnn ArborMI48105
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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 Ann Arbor at 1717 Cedar Ln, Ann Arbor, MI, 48105 generates $4,742/mo in rent, after a $4,111/mo payment. Total monthly income is $4,742/mo. Return on cash invested sits at 16.6% in year one, and rental yield is 6.78% on a $839,900 entry. Equity gained on principal adds $5,420/yr, while 5% annual appreciation builds toward $232,049 over five years. Five-year ROI reaches 85.61% and total cumulative return in cash sums $236,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,742/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,988 (100%) |
| Owner Occupied HU | 8,288 (46.1%) |
| Renter Occupied HU | 8,515 (47.3%) |
| Vacant Housing Units | 1,185 ( 6.6%) |
| Median Home Value | $491,269 |
| Average Home Value | $578,441 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
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