28725 Greencastle Rd, Farmington Hills, MI, 48334 | $424/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Farmington Hills at 28725 Greencastle Rd, Farmington Hills, MI, 48334 generates $2,732/mo in rent and, after a $1,713/mo payment, leaves $424/mo in cash flow. Total monthly income is $2,732/mo, and annual cash flow is $5,090/yr on $115,992 invested. Return on cash invested sits at 24.3% in year one, and rental yield is 9.37% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 126.95% and total cumulative return in cash sums $147,246. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,732/mo property income rather than buyer’s personal income.

Single Family

Built in 1959

0.57 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48334, Farmington, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,410 (100%)
Owner Occupied HU	5,175 (61.5%)
Renter Occupied HU	2,716 (32.3%)
Vacant Housing Units	519 ( 6.2%)
Median Home Value	$342,899
Average Home Value	$374,387