30795 Shiawassee Rd #A7FarmingtonMI48336
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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 at 30795 Shiawassee Rd #A7, Farmington, MI, 48336 earns $214/mo cash flow from $1,196/mo rent with a $729/mo payment. Total monthly income totals $1,196/mo, and annual cash flow totals $2,564/yr on $49,394 capital. ROI tracks 25.1% on current figures, and rental yield reads 9.63% at a $149,000 purchase. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 over five years. Five-year ROI reaches 131.22% and total cumulative return in cash sums $64,816. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,196/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48336, Farmington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,033 (100%) |
| Owner Occupied HU | 8,295 (68.9%) |
| Renter Occupied HU | 3,278 (27.2%) |
| Vacant Housing Units | 460 ( 3.8%) |
| Median Home Value | $265,302 |
| Average Home Value | $279,750 |
Housing Distribution
Address Breakdown
Residential
11,759
Single Family
9,433
Multi-Family
2,326
Businesses
932
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Listed by: Jennifer M Fanning • Mutual Realty, LLC
Mls Name: Realcomp II
Mls ID: #20251055264