35615 Briar Ridge Ln, Farmington, MI, 48335 | $970/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
5 Bath
5425 sft

18438 Clairmont Cir E, Northville, MI, 48168

3 Bed
2 Bath
1700 sft

27905 Haas Rd, Wixom, MI, 48393

5 Bed
6 Bath
12247 sft

32781 W Eleven Mile Rd, Farmington Hills, MI, 48336

2 Bed
2 Bath
1541 sft

702 N Gainsborough Ave, Royal Oak, MI, 48067

Nearby investment properties with comparable prices

2 Bed
2 Bath
2869 sft

5947 Baypointe Blvd, Independence, MI, 48346

3 Bed
3 Bath
1700 sft

252 Parkland Dr, Rochester Hills, MI, 48307

3 Bed
3 Bath
2025 sft

261 Quartz Way, White Lake, MI, 48386

3 Bed
3 Bath
2149 sft

14558 Old Oak Trl, Van Buren Township, MI, 48111

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Farmington at 35615 Briar Ridge Ln, Farmington, MI, 48335 offers a 10.28% rental yield on a $507,000 purchase with $4,344/mo rent. Total monthly income registers $4,344/mo, and a $2,482/mo payment leaves $970/mo available for distribution. Annual cash flow reaches $11,641/yr on $166,803 to close, and return on cash invested stands at 27.04% in year one. Equity gained on principal adds $3,272/yr while 5% annual appreciation supports $140,075 over five years. Portfolio math shows five-year ROI at 141.68% and total cumulative return in cash at $236,325. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,344/mo property income against a $2,482/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1975

0.61 Acres lot

$N/A/sqft

$360 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48335, Farmington, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,258 (100%)
Owner Occupied HU	5,085 (38.4%)
Renter Occupied HU	7,499 (56.6%)
Vacant Housing Units	674 ( 5.1%)
Median Home Value	$368,504
Average Home Value	$391,347