29390 Greenglen CtFranklinMI48025
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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 Franklin at 29390 Greenglen Ct, Franklin, MI, 48025 listed at $509,299 pairs $1,830/mo rent with a $2,493/mo payment. Total monthly income runs $1,830/mo. Return on cash invested measures 5.21% in year one, and rental yield registers 4.31% at a $509,299 basis. Equity gained on principal adds $3,286/yr, and annual property appreciation at 5% supports $140,710 by year five. Five-year ROI tracks 25.95% and total cumulative return in cash totals $43,475. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,830/mo property income relative to a $2,493/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
0.39 Acres lot
$N/A/sqft
$545 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48025, Franklin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 5,454 (89.8%) |
| Renter Occupied HU | 422 ( 6.9%) |
| Vacant Housing Units | 197 ( 3.2%) |
| Median Home Value | $540,765 |
| Average Home Value | $625,561 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,735
Multi-Family
203
Businesses
762
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