4773 Putt LnAuburnMI48611
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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 Auburn at 4773 Putt Ln, Auburn, MI, 48611 uses $132,269 cash to close to unlock $1,892/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $2,789/mo, and a $1,953/mo payment keeps the spread at $158/mo. Purchase price stands at $399,000, and rental yield measures 8.39% with $2,789/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 111.05% and total cumulative return in cash records $146,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,789/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2023
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48611, Auburn, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,776 (100%) |
| Owner Occupied HU | 2,219 (79.9%) |
| Renter Occupied HU | 438 (15.8%) |
| Vacant Housing Units | 119 ( 4.3%) |
| Median Home Value | $185,374 |
| Average Home Value | $211,304 |
Housing Distribution
Address Breakdown
Residential
2,755
Single Family
2,715
Multi-Family
40
Businesses
210
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