33266 Raphael RdFarmington HillsMI48336
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 Hills at 33266 Raphael Rd, Farmington Hills, MI, 48336 uses $129,285 cash to close to unlock $9,084/yr annual cash flow and $757/mo monthly cash flow. Total monthly income runs $3,329/mo, and a $1,909/mo payment keeps the spread at $757/mo. Purchase price stands at $390,000, and rental yield measures 10.24% with $3,329/mo rent. Return on cash invested shows 26.94% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 141.04% and total cumulative return in cash records $182,348. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,329/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 1957
1.21 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: Lori Beatty • RE/MAX New Trend
Mls Name: Realcomp II
Mls ID: #20251037917