3058 Forest Creek CtAnn ArborMI48108
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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
Investment Highlights
Investment property for sale in Ann Arbor at 3058 Forest Creek Ct, Ann Arbor, MI, 48108 at $293,900 posts ROI 35.03% with $1,227/mo cash flow from $3,466/mo rent. Total monthly income equals $3,466/mo, and annual cash flow records $14,728/yr on $97,428 to close. Return on cash invested measures 35.03% and rental yield reads 14.15% at the current $293,900. Equity gained on principal adds $1,896/yr, and 5% annual appreciation supports $81,199 by year five. Five-year ROI prints 185.8% and total cumulative return in cash totals $181,025.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,466/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1998
N/A lot
$N/A/sqft
$301 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48108, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,660 (100%) |
| Owner Occupied HU | 6,549 (51.7%) |
| Renter Occupied HU | 5,485 (43.3%) |
| Vacant Housing Units | 626 ( 4.9%) |
| Median Home Value | $387,873 |
| Average Home Value | $432,287 |
Housing Distribution
Address Breakdown
Residential
12,115
Single Family
9,999
Multi-Family
2,116
Businesses
1,368
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