30720 Franklin Hills Ct NFarmingtonMI48334
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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
Total monthly income runs $4,826/mo, and a $4,035/mo payment. Purchase price stands at $824,300, and rental yield measures 7.03% with $4,826/mo rent. Return on cash invested shows 17.36% in year one, and 5% annual appreciation builds toward $227,739 over five years. Five-year ROI reaches 89.68% and total cumulative return in cash records $243,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,826/mo property income covering a $4,035/mo payment rather than investor’s personal income.
Condo
Built in 2025
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: N/A • N/A
Mls Name: Robertson Homes
Mls Provider:
Mls ID: #N/A