32921 Wing Lake RdFranklinMI48025
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 32921 Wing Lake Rd, Franklin, MI, 48025 in Franklin speaks for itself: 10.28% gross on a $559,900 price, generating $4,798/mo in rent and $1,105/mo in net income after the $2,518/mo debt service. DSCR 1.91, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $13,264 stacks alongside $154,690 in projected five-year appreciation and $5,157/yr in principal reduction. Projected total cumulative return: $284,477.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $1,105 | $400 |
City averages based on Franklin market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,798 |
| Total Monthly Debt Service | $3,469 |
| DSCR Ratio | 1.38x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1953
1.11 Acres lot
$N/A/sqft
No 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
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
Single Family
Built in 1953
1.11 Acres lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices