26949 Farmbrook Villa Dr #1SouthfieldMI48034
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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 Southfield at 26949 Farmbrook Villa Dr #1, Southfield, MI, 48034 earns $106/mo cash flow from $1,576/mo rent with a $1,091/mo payment. Total monthly income totals $1,576/mo, and annual cash flow totals $1,271/yr on $73,925 capital. ROI tracks 21.63% on current figures, and rental yield reads 8.48% at a $223,000 purchase. Equity gained on principal adds $1,439/yr, and 5% annual appreciation supports $61,611 over five years. Five-year ROI reaches 112.56% and total cumulative return in cash sums $83,213. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,576/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48034, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,670 (100%) |
| Owner Occupied HU | 2,111 (24.3%) |
| Renter Occupied HU | 5,907 (68.1%) |
| Vacant Housing Units | 652 ( 7.5%) |
| Median Home Value | $309,180 |
| Average Home Value | $328,295 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
2,985
Multi-Family
4,655
Businesses
881
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Listed by: Lori Beatty • RE/MAX New Trend
Mls Name: Realcomp II
Mls ID: #20251039669