1741 W Midland RdAuburnMI48611
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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 Auburn at 1741 W Midland Rd, Auburn, MI, 48611 generates $1,427/mo in rent and, after a $1,003/mo payment, leaves $76/mo in cash flow. Total monthly income is $1,427/mo, and annual cash flow is $908/yr on $67,924 invested. Return on cash invested sits at 21.25% in year one, and rental yield is 8.36% on a $204,900 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation builds toward $56,610 over five years. Five-year ROI reaches 110.57% and total cumulative return in cash sums $75,106. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,427/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48611, Auburn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,776 (100%) |
| Owner Occupied HU | 2,219 (79.9%) |
| Renter Occupied HU | 438 (15.8%) |
| Vacant Housing Units | 119 ( 4.3%) |
| Median Home Value | $185,374 |
| Average Home Value | $211,304 |
Housing Distribution
Address Breakdown
Residential
2,755
Single Family
2,715
Multi-Family
40
Businesses
210
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Listed by: Robin Yost-Ellison • RE/MAX Results
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50162620
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