2700 Shimmons Rd LOT 64Auburn 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 2700 Shimmons Rd LOT 64, Auburn Hills, MI, 48326 uses $33,481 cash to close to unlock $1,324/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $776/mo, and a $494/mo payment keeps the spread at $110/mo. Purchase price stands at $100,999, and rental yield measures 9.22% with $776/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $27,904 over five years. Five-year ROI reaches 124.64% and total cumulative return in cash records $41,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $776/mo property income covering a $494/mo payment rather than investor’s personal income.
Manufactured
Built in 2023
N/A 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: N/A • YES!Communities
Mls Name: Yes! Communities
Mls ID: #N/A