17204 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
Investment property for sale in Fraser at 17204 Park Ln, Fraser, MI, 48026 earns $82/mo cash flow from $1,532/mo rent with a $1,076/mo payment. Total monthly income totals $1,532/mo, and annual cash flow totals $986/yr on $72,897 capital. ROI tracks 21.26% on current figures, and rental yield reads 8.36% at a $219,900 purchase. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 over five years. Five-year ROI reaches 110.69% and total cumulative return in cash sums $80,692. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,532/mo property income instead of your personal income.
Single Family
Built in 1937
8,276 sqft 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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