32237 Southfield RdFranklinMI48025
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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 Franklin at 32237 Southfield Rd, Franklin, MI, 48025 uses $86,190 cash to close to unlock $6,900/yr annual cash flow and $575/mo monthly cash flow. Total monthly income runs $2,590/mo, and a $1,273/mo payment keeps the spread at $575/mo. Purchase price stands at $260,000, and rental yield measures 11.95% with $2,590/mo rent. Return on cash invested shows 27.91% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 147.81% and total cumulative return in cash records $127,397. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,590/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Home Type Unknown
Built in 1971
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48025, Franklin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 5,454 (89.8%) |
| Renter Occupied HU | 422 ( 6.9%) |
| Vacant Housing Units | 197 ( 3.2%) |
| Median Home Value | $540,765 |
| Average Home Value | $625,561 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,735
Multi-Family
203
Businesses
762
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