2848 Edna Jane DrAuburn 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
Rental property for sale in Auburn Hills at 2848 Edna Jane Dr, Auburn Hills, MI, 48326 generates $1,915/mo in rent and, after a $978/mo payment, leaves $597/mo in cash flow. Total monthly income is $1,915/mo, and annual cash flow is $7,166/yr on $66,267 invested. Return on cash invested sits at 30.72% in year one, and rental yield is 11.5% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 161.42% and total cumulative return in cash sums $106,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,915/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
9,147 sqft 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: Lora L Leslie • DOBI Real Estate
Mls Name: Realcomp II
Mls ID: #20251025819