3016 Roundtree BlvdYpsilantiMI48197
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 3016 Roundtree Blvd, Ypsilanti, MI, 48197 in Ypsilanti. At $156,000 it earns $1,230/mo in rent and distributes $201/mo to the owner after the $701/mo payment, a consistent 9.46% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $43,100 in value; $1,437/yr in principal paydown compounds ownership stake. Total projected return: $72,418.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 6.8% |
| Monthly Cash Flow | $201 | $450 |
City averages based on Ypsilanti market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,230 |
| Total Monthly Debt Service | $967 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48197, Ypsilanti, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,556 (100%) |
| Owner Occupied HU | 15,095 (52.9%) |
| Renter Occupied HU | 12,201 (42.7%) |
| Vacant Housing Units | 1,260 ( 4.4%) |
| Median Home Value | $294,027 |
| Average Home Value | $322,545 |
Housing Distribution
Address Breakdown
Residential
27,469
Single Family
20,309
Multi-Family
7,160
Businesses
1,506
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
Condo
Built in 1974
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48197, Ypsilanti, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,556 (100%) |
| Owner Occupied HU | 15,095 (52.9%) |
| Renter Occupied HU | 12,201 (42.7%) |
| Vacant Housing Units | 1,260 ( 4.4%) |
| Median Home Value | $294,027 |
| Average Home Value | $322,545 |
Housing Distribution
Address Breakdown
Residential
27,469
Single Family
20,309
Multi-Family
7,160
Businesses
1,506
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices