3480 Burbank DrAnn ArborMI48105
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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 Ann Arbor at 3480 Burbank Dr, Ann Arbor, MI, 48105 earns $41/mo cash flow from $2,323/mo rent with a $1,468/mo payment. Total monthly income totals $2,323/mo, and annual cash flow totals $492/yr on $99,450 capital. ROI tracks 20.4% on current figures, and rental yield reads 9.29% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 107.34% and total cumulative return in cash sums $106,752. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,323/mo property income instead of your personal income.
Condo
Built in 1988
871.20 sqft lot
$N/A/sqft
$304 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,988 (100%) |
| Owner Occupied HU | 8,288 (46.1%) |
| Renter Occupied HU | 8,515 (47.3%) |
| Vacant Housing Units | 1,185 ( 6.6%) |
| Median Home Value | $491,269 |
| Average Home Value | $578,441 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
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