2431 Roanoke DrYpsilantiMI48197
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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 Ypsilanti at 2431 Roanoke Dr, Ypsilanti, MI, 48197 earns $209/mo cash flow from $2,649/mo rent with a $1,811/mo payment. Total monthly income totals $2,649/mo, and annual cash flow totals $2,508/yr on $122,655 capital. ROI tracks 21.95% on current figures, and rental yield reads 8.59% at a $370,000 purchase. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 over five years. Five-year ROI reaches 114.33% and total cumulative return in cash sums $140,237. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,649/mo property income instead of your personal income.
Single Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48197, Ypsilanti, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,556 (100%) |
| Owner Occupied HU | 15,095 (52.9%) |
| Renter Occupied HU | 12,201 (42.7%) |
| Vacant Housing Units | 1,260 ( 4.4%) |
| Median Home Value | $294,027 |
| Average Home Value | $322,545 |
Housing Distribution
Address Breakdown
Residential
27,469
Single Family
20,309
Multi-Family
7,160
Businesses
1,506
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