4194 Packard St APT 1Ann ArborMI48108
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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 4194 Packard St APT 1, Ann Arbor, MI, 48108 earns $124/mo cash flow from $1,212/mo rent with a $808/mo payment. Total monthly income totals $1,212/mo, and annual cash flow totals $1,482/yr on $54,698 capital. ROI tracks 22.62% on current figures, and rental yield reads 8.81% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 117.94% and total cumulative return in cash sums $64,511. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,212/mo property income instead of your personal income.
Condo
Built in 1965
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48108, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,660 (100%) |
| Owner Occupied HU | 6,549 (51.7%) |
| Renter Occupied HU | 5,485 (43.3%) |
| Vacant Housing Units | 626 ( 4.9%) |
| Median Home Value | $387,873 |
| Average Home Value | $432,287 |
Housing Distribution
Address Breakdown
Residential
12,115
Single Family
9,999
Multi-Family
2,116
Businesses
1,368
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