34261 Garfield CirFraserMI48026
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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
Rental property for sale in Fraser at 34261 Garfield Cir, Fraser, MI, 48026 generates $1,790/mo in rent and, after a $660/mo payment, leaves $901/mo in cash flow. Total monthly income is $1,790/mo, and annual cash flow is $10,808/yr on $44,719 invested. Return on cash invested sits at 44.08% in year one, and rental yield is 15.92% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 233.01% and total cumulative return in cash sums $104,201. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,790/mo property income rather than buyer’s personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48026, Fraser, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,453 (100%) |
| Owner Occupied HU | 4,624 (71.7%) |
| Renter Occupied HU | 1,687 (26.1%) |
| Vacant Housing Units | 142 ( 2.2%) |
| Median Home Value | $217,434 |
| Average Home Value | $243,374 |
Housing Distribution
Address Breakdown
Residential
6,372
Single Family
5,658
Multi-Family
714
Businesses
679
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