2323 Page AveAnn ArborMI48104
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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 2323 Page Ave, Ann Arbor, MI, 48104 at $619,000 posts ROI 19.69% with from $4,019/mo rent. Total monthly income equals $4,019/mo. Return on cash invested measures 19.69% and rental yield reads 7.79% at the current $619,000. Equity gained on principal adds $3,994/yr, and 5% annual appreciation supports $171,018 by year five. Five-year ROI prints 102.16% and total cumulative return in cash totals $208,045. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,019/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48104, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,614 (100%) |
| Owner Occupied HU | 6,482 (34.8%) |
| Renter Occupied HU | 10,844 (58.3%) |
| Vacant Housing Units | 1,288 ( 6.9%) |
| Median Home Value | $496,124 |
| Average Home Value | $616,672 |
Housing Distribution
Address Breakdown
Residential
18,397
Single Family
11,535
Multi-Family
6,862
Businesses
2,114
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