218 W Kingsley 307Ann ArborMI48103
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 Ann Arbor at 218 W Kingsley 307, Ann Arbor, MI, 48103 earns $2,118/mo cash flow from $7,745/mo rent with a $3,793/mo payment. Total monthly income totals $7,745/mo, and annual cash flow totals $25,410/yr on $254,975 capital. ROI tracks 30.03% on current figures, and rental yield reads 11.99% at a $775,000 purchase. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 over five years. Five-year ROI reaches 158.48% and total cumulative return in cash sums $404,095. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,745/mo property income instead of your personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$517 monthly 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
