19710 W Thirteen Mile RdFranklinMI48025
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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 Franklin at 19710 W Thirteen Mile Rd, Franklin, MI, 48025 offers a 11.99% rental yield on a $259,900 purchase with $2,596/mo rent. Total monthly income registers $2,596/mo, and a $1,272/mo payment leaves $882/mo available for distribution. Annual cash flow reaches $10,586/yr on $86,157 to close, and return on cash invested stands at 32.2% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 169.31% and total cumulative return in cash at $145,870. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,596/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48025, Franklin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 5,454 (89.8%) |
| Renter Occupied HU | 422 ( 6.9%) |
| Vacant Housing Units | 197 ( 3.2%) |
| Median Home Value | $540,765 |
| Average Home Value | $625,561 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,735
Multi-Family
203
Businesses
762
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