53751 Aurora Park DrUticaMI48316
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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
Total monthly income runs $4,380/mo, and a $3,744/mo payment. Purchase price stands at $765,000, and rental yield measures 6.87% with $4,380/mo rent. Return on cash invested shows 16.71% in year one, and 5% annual appreciation builds toward $211,355 over five years. Five-year ROI reaches 86.26% and total cumulative return in cash records $217,103. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,380/mo property income covering a $3,744/mo payment rather than investor’s personal income.
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
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Listed by: Sharon M Wither • Berkshire Hathaway HomeServices Kee Realty
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173848
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