20955 Robinwood StFarmingtonMI48336
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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 Farmington at 20955 Robinwood St, Farmington, MI, 48336 listed at $360,000 pairs $3,196/mo rent with a $1,762/mo payment to leave $822/mo cash flow. Total monthly income runs $3,196/mo, and annual cash flow reaches $9,864/yr on $119,340 cash to close. Return on cash invested measures 28.17% in year one, and rental yield registers 10.65% at a $360,000 basis. Equity gained on principal adds $2,323/yr, and annual property appreciation at 5% supports $99,461 by year five. Five-year ROI tracks 147.68% and total cumulative return in cash totals $176,241. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,196/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48336, Farmington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,033 (100%) |
| Owner Occupied HU | 8,295 (68.9%) |
| Renter Occupied HU | 3,278 (27.2%) |
| Vacant Housing Units | 460 ( 3.8%) |
| Median Home Value | $265,302 |
| Average Home Value | $279,750 |
Housing Distribution
Address Breakdown
Residential
11,759
Single Family
9,433
Multi-Family
2,326
Businesses
932
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Listed by: Danielle St. Romain • eXp Realty, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25033254
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.