3420 Grove Ln EAuburn HillsMI48326
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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 Auburn Hills at 3420 Grove Ln E, Auburn Hills, MI, 48326 earns $82/mo cash flow from $2,950/mo rent with a $2,129/mo payment. Total monthly income totals $2,950/mo, and annual cash flow totals $978/yr on $144,203 capital. ROI tracks 20.59% on current figures, and rental yield reads 8.14% at a $435,000 purchase. Equity gained on principal adds $2,807/yr, and 5% annual appreciation supports $120,182 over five years. Five-year ROI reaches 107.02% and total cumulative return in cash sums $154,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,950/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48326, Auburn Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,709 (100%) |
| Owner Occupied HU | 5,384 (46.0%) |
| Renter Occupied HU | 5,611 (47.9%) |
| Vacant Housing Units | 714 ( 6.1%) |
| Median Home Value | $263,123 |
| Average Home Value | $313,361 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
9,560
Multi-Family
1,439
Businesses
1,283
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Listed by: Christina Kalfaian • Berkshire Hathaway HomeServices Kee Realty
Mls Name: Realcomp II
Mls ID: #20251037429