2853 Chaseway Dr, Ann Arbor, MI, 48105 | 5.65% Rental Yield

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
925 sft

822 Starwick Dr, Ann Arbor, MI, 48105

3 Bed
2 Bath
1956 sft

1421 Edwin St, Westland, MI, 48186

3 Bed
3 Bath
2596 sft

35061 Savannah Ln, Farmington Hills, MI, 48331

2 Bed
1 Bath
906 sft

3057 Hillside Dr, Milford, MI, 48380

Nearby investment properties with comparable prices

3 Bed
4 Bath
2130 sft

2770 Bristol Ridge Dr #34, Ann Arbor, MI, 48105

$ 578,800

ROI

Cash Flow/m

- Bed
- Bath
- sft

3072 Gecko Trl #Y7ZBR, Pinckney, MI, 48169

4 Bed
4 Bath
2223 sft

42846 Atwood Ave, Novi, MI, 48375

3 Bed
3 Bath
2163 sft

20992 Losino Dr, South Lyon, MI, 48178

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $3,200/mo, and a $3,328/mo payment. Purchase price stands at $680,000, and rental yield measures 5.65% with $3,200/mo rent. Return on cash invested shows 13.01% in year one, and 5% annual appreciation builds toward $187,871 over five years. Five-year ROI reaches 66.41% and total cumulative return in cash records $148,572. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,200/mo property income covering a $3,328/mo payment rather than investor’s personal income.

Single Family

Built in 1996

7,405 sqft lot

$N/A/sqft

$360 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,988 (100%)
Owner Occupied HU	8,288 (46.1%)
Renter Occupied HU	8,515 (47.3%)
Vacant Housing Units	1,185 ( 6.6%)
Median Home Value	$491,269
Average Home Value	$578,441