2877 Sorrento AveAnn ArborMI48104
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ann Arbor at 2877 Sorrento Ave, Ann Arbor, MI, 48104 generates $5,011/mo in rent and, after a $1,957/mo payment, leaves $2,374/mo in cash flow. Total monthly income is $5,011/mo, and annual cash flow is $28,490/yr on $132,567 invested. Return on cash invested sits at 41.4% in year one, and rental yield is 15.04% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 218.64% and total cumulative return in cash sums $289,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48104, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,614 (100%) |
| Owner Occupied HU | 6,482 (34.8%) |
| Renter Occupied HU | 10,844 (58.3%) |
| Vacant Housing Units | 1,288 ( 6.9%) |
| Median Home Value | $496,124 |
| Average Home Value | $616,672 |
Housing Distribution
Address Breakdown
Residential
18,397
Single Family
11,535
Multi-Family
6,862
Businesses
2,114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
