2992 Montana WayAnn ArborMI48105
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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 Ann Arbor at 2992 Montana Way, Ann Arbor, MI, 48105 priced at $542,000 converts $2,479/mo rent into after a $2,653/mo obligation. Total monthly income equals $2,479/mo. Return on cash invested prints 11.21% in year one, and rental yield reads 5.49% against a $542,000 entry. Equity gained on principal adds $3,497/yr, while 5% annual appreciation compiles into $149,745 by year five. Five-year ROI reaches 57.24% and total cumulative return in cash sums $102,066. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,479/mo property income covering a $2,653/mo payment, not borrower’s personal income.
Single Family
Built in 2019
4,356 sqft lot
$N/A/sqft
$220 monthly 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 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
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