53751 Aurora Park DrUticaMI48316
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingSteady, low-maintenance, and fundable: 53751 Aurora Park Dr, Utica, MI, 48316 in Utica at $765,000. Rental yield 6.87%. The 6.87% yield and 1.27 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $211,355 by year five, and $7,046/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $246,370.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.9% | 6.0% |
| Monthly Cash Flow | $(702) | $850 |
City averages based on Utica market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,380 |
| Total Monthly Debt Service | $4,778 |
| DSCR Ratio | 0.92x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48316, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 9,236 (76.6%) |
| Renter Occupied HU | 2,342 (19.4%) |
| Vacant Housing Units | 476 ( 3.9%) |
| Median Home Value | $414,600 |
| Average Home Value | $442,483 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
11,179
Multi-Family
959
Businesses
597
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
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48316, Utica, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,054 (100%) |
| Owner Occupied HU | 9,236 (76.6%) |
| Renter Occupied HU | 2,342 (19.4%) |
| Vacant Housing Units | 476 ( 3.9%) |
| Median Home Value | $414,600 |
| Average Home Value | $442,483 |
Housing Distribution
Address Breakdown
Residential
12,138
Single Family
11,179
Multi-Family
959
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sharon M Wither • Berkshire Hathaway HomeServices Kee Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173848
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