3213 Monument DrAnn ArborMI48108
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
Investment Highlights
Rental property for sale in Ann Arbor at 3213 Monument Dr, Ann Arbor, MI, 48108 priced at $399,900 pairs $3,209/mo rent with $572/mo cash flow after a $1,957/mo payment. Total monthly income equals $3,209/mo, and annual cash flow comes to $6,866/yr on $132,567 invested. Return on cash invested is 25.09% in year one, and rental yield stands at 9.63% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 131.17% and total cumulative return in cash reaches $173,888. For financing, Ziffy Mortgage’s DSCR program evaluates $3,209/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
5,662 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
