2591 Hempstead RdAuburn HillsMI48326
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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
Investment Highlights
Investment property for sale in Auburn Hills at 2591 Hempstead Rd, Auburn Hills, MI, 48326 listed at $289,900 pairs $2,110/mo rent with a $1,419/mo payment to leave $198/mo cash flow. Total monthly income runs $2,110/mo, and annual cash flow reaches $2,378/yr on $96,102 cash to close. Return on cash invested measures 22.38% in year one, and rental yield registers 8.73% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 116.67% and total cumulative return in cash totals $112,125. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,110/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.28 Acres lot
$N/A/sqft
No 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 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
9,560
Multi-Family
1,439
Businesses
1,283
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Listed by: Tracey M Stemen • Brookstone, Realtors LLC
Mls Name: Realcomp II
Mls ID: #20261004476