33231 Flanders St, Farmington, MI, 48336 | $273/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Farmington at 33231 Flanders St, Farmington, MI, 48336 uses $121,661 cash to close to unlock $3,277/yr annual cash flow and $273/mo monthly cash flow. Total monthly income runs $2,693/mo, and a $1,796/mo payment keeps the spread at $273/mo. Purchase price stands at $367,000, and rental yield measures 8.81% with $2,693/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $101,395 over five years. Five-year ROI reaches 117.85% and total cumulative return in cash records $143,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,693/mo property income covering a $1,796/mo payment rather than investor’s personal income.

Single Family

Built in 1959

7,405 sqft 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