4194 Packard St APT 4Ann ArborMI48108
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 4194 Packard St APT 4, Ann Arbor, MI, 48108 earns $313/mo cash flow from $1,494/mo rent with a $710/mo payment. Total monthly income totals $1,494/mo, and annual cash flow totals $3,753/yr on $48,068 capital. ROI tracks 27.72% on current figures, and rental yield reads 12.36% at a $145,000 purchase. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 over five years. Five-year ROI reaches 147.26% and total cumulative return in cash sums $70,784. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,494/mo property income instead of your personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
$204 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
