35141 Northmont DrFarmington HillsMI48331
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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 Farmington Hills at 35141 Northmont Dr, Farmington Hills, MI, 48331 earns $577/mo cash flow from $3,551/mo rent with a $2,207/mo payment. Total monthly income totals $3,551/mo, and annual cash flow totals $6,928/yr on $149,507 capital. ROI tracks 24.54% on current figures, and rental yield reads 9.45% at a $451,000 purchase. Equity gained on principal adds $2,910/yr, and 5% annual appreciation supports $124,603 over five years. Five-year ROI reaches 128.24% and total cumulative return in cash sums $191,720. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,551/mo property income instead of your personal income.
Single Family
Built in 1977
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48331, Farmington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,690 (100%) |
| Owner Occupied HU | 6,988 (80.4%) |
| Renter Occupied HU | 1,402 (16.1%) |
| Vacant Housing Units | 300 ( 3.5%) |
| Median Home Value | $400,025 |
| Average Home Value | $433,616 |
Housing Distribution
Address Breakdown
Residential
8,873
Single Family
7,971
Multi-Family
902
Businesses
432
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Listed by: Sherrie Brindley • Clients First, REALTORS
Mls Name: Realcomp II
Mls ID: #20251038042