3501 Burbank DrAnn ArborMI48105
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 Ann Arbor at 3501 Burbank Dr, Ann Arbor, MI, 48105 earns $171/mo cash flow from $2,523/mo rent with a $1,459/mo payment. Total monthly income totals $2,523/mo, and annual cash flow totals $2,054/yr on $98,787 capital. ROI tracks 21.99% on current figures, and rental yield reads 10.16% at a $298,000 purchase. Equity gained on principal adds $1,923/yr, and 5% annual appreciation supports $82,332 over five years. Five-year ROI reaches 116.26% and total cumulative return in cash sums $114,848. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,523/mo property income instead of your personal income.
Condo
Built in 1970
435.60 sqft lot
$N/A/sqft
$276 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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