30052 W Twelve Mile Rd UNIT 67Farmington HillsMI48334
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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 Farmington Hills at 30052 W Twelve Mile Rd UNIT 67, Farmington Hills, MI, 48334 listed at $139,999 pairs $1,081/mo rent with a $685/mo payment to leave $158/mo cash flow. Total monthly income runs $1,081/mo, and annual cash flow reaches $1,896/yr on $46,410 cash to close. Return on cash invested measures 23.99% in year one, and rental yield registers 9.27% at a $139,999 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 125.27% and total cumulative return in cash totals $58,138. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,081/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1981
N/A 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 |
Housing Distribution
Address Breakdown
Residential
7,976
Single Family
5,409
Multi-Family
2,567
Businesses
1,380
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Listed by: Adriana Rich • Reboot Realty LLC
Mls Name: MichRIC
Mls ID: #25037084