2020 Rugby CtAnn ArborMI48103
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 2020 Rugby Ct, Ann Arbor, MI, 48103 in Ann Arbor speaks for itself: 10.74% gross on a $699,900 price, generating $6,264/mo in rent and $1,649/mo in net income after the $3,147/mo debt service. DSCR 1.99, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,782 stacks alongside $193,369 in projected five-year appreciation and $6,446/yr in principal reduction. Projected total cumulative return: $372,749.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 5.8% |
| Monthly Cash Flow | $1,649 | $1,250 |
City averages based on Ann Arbor market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,264 |
| Total Monthly Debt Service | $4,337 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48103, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,175 (100%) |
| Owner Occupied HU | 16,858 (64.4%) |
| Renter Occupied HU | 7,745 (29.6%) |
| Vacant Housing Units | 1,572 ( 6.0%) |
| Median Home Value | $465,693 |
| Average Home Value | $509,229 |
Housing Distribution
Address Breakdown
Residential
25,905
Single Family
22,174
Multi-Family
3,731
Businesses
1,545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1971
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48103, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,175 (100%) |
| Owner Occupied HU | 16,858 (64.4%) |
| Renter Occupied HU | 7,745 (29.6%) |
| Vacant Housing Units | 1,572 ( 6.0%) |
| Median Home Value | $465,693 |
| Average Home Value | $509,229 |
Housing Distribution
Address Breakdown
Residential
25,905
Single Family
22,174
Multi-Family
3,731
Businesses
1,545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices