30145 Green AcresFarmington 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
Rental property for sale in Farmington Hills at 30145 Green Acres, Farmington Hills, MI, 48334 generates $3,530/mo in rent and, after a $2,144/mo payment, leaves $641/mo in cash flow. Total monthly income is $3,530/mo, and annual cash flow is $7,697/yr on $145,197 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.67% on a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 131.82% and total cumulative return in cash sums $191,394. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,530/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.41 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 |
Housing Distribution
Address Breakdown
Residential
7,976
Single Family
5,409
Multi-Family
2,567
Businesses
1,380
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Listed by: Ilene S Mitz • Real Estate One-WB/FH
Mls Name: Realcomp II
Mls ID: #20251054859