230 Jotham Ave, Auburn Hills, MI, 48326 | $226/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Auburn Hills at 230 Jotham Ave, Auburn Hills, MI, 48326 with 5% annual appreciation on a $280,000 basis while $2,400/mo rent supports operations. Total monthly income totals $2,400/mo and a $1,370/mo payment preserves $226/mo for cash returns. Annual cash flow comes to $2,712/yr on $92,820 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $1,807/yr, and five-year appreciation sums $77,359 alongside rental yield of 10.29%. Five-year ROI measures 120.57% and total cumulative return in cash totals $111,909.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,400/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 2002

N/A lot

$N/A/sqft

$328 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48326, Auburn Hills, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,709 (100%)
Owner Occupied HU	5,384 (46.0%)
Renter Occupied HU	5,611 (47.9%)
Vacant Housing Units	714 ( 6.1%)
Median Home Value	$263,123
Average Home Value	$313,361