21677 Sheffield DrFarmington HillsMI48335
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
Investment Highlights
Investment property for sale in Farmington Hills at 21677 Sheffield Dr, Farmington Hills, MI, 48335 earns from $3,545/mo rent with a $2,937/mo payment. Total monthly income totals $3,545/mo. ROI tracks 17.56% on current figures, and rental yield reads 7.09% at a $599,999 purchase. Equity gained on principal adds $3,872/yr, and 5% annual appreciation supports $165,769 over five years. Five-year ROI reaches 90.71% and total cumulative return in cash sums $179,063. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,545/mo property income instead of your personal income.
Single Family
Built in 1990
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48335, Farmington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,258 (100%) |
| Owner Occupied HU | 5,085 (38.4%) |
| Renter Occupied HU | 7,499 (56.6%) |
| Vacant Housing Units | 674 ( 5.1%) |
| Median Home Value | $368,504 |
| Average Home Value | $391,347 |
Housing Distribution
Address Breakdown
Residential
11,018
Single Family
7,839
Multi-Family
3,179
Businesses
739
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Nearby investment properties with comparable prices
Listed by: Lucas Winkler • Keller Williams Metro
Mls Name: MichRIC
Mls Provider:
Mls ID: #25014339
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.