4047 Ramsgate CtAnn ArborMI48103
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
Rental property for sale in Ann Arbor at 4047 Ramsgate Ct, Ann Arbor, MI, 48103 generates $5,392/mo in rent, after a $4,155/mo payment. Total monthly income is $5,392/mo. Return on cash invested sits at 19.14% in year one, and rental yield is 7.62% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 99.23% and total cumulative return in cash sums $277,160. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,392/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
1.14 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48103, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,175 (100%) |
| Owner Occupied HU | 16,858 (64.4%) |
| Renter Occupied HU | 7,745 (29.6%) |
| Vacant Housing Units | 1,572 ( 6.0%) |
| Median Home Value | $465,693 |
| Average Home Value | $509,229 |
Housing Distribution
Address Breakdown
Residential
25,905
Single Family
22,174
Multi-Family
3,731
Businesses
1,545
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
