33230 Tall Oaks CtFarmingtonMI48336
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
Investment property for sale in Farmington at 33230 Tall Oaks Ct, Farmington, MI, 48336 listed at $325,000 pairs $4,076/mo rent with a $1,591/mo payment to leave $1,933/mo cash flow. Total monthly income runs $4,076/mo, and annual cash flow reaches $23,190/yr on $107,738 cash to close. Return on cash invested measures 41.43% in year one, and rental yield registers 15.05% at a $325,000 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,792 by year five. Five-year ROI tracks 218.81% and total cumulative return in cash totals $235,741. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,076/mo property income relative to a $1,591/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.30 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Smith • 3DX Real Estate, LLC.
Mls Name: MichRIC
Mls Provider:
Mls ID: #24048402
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.