702 Peninsula Ct, Ann Arbor, MI, 48105 | 7.9% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,976/mo, and a $1,468/mo payment. Purchase price stands at $300,000, and rental yield measures 7.9% with $1,976/mo rent. Return on cash invested shows 14.36% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 75.61% and total cumulative return in cash records $75,192. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Condo

Built in 1976

1,306 sqft lot

$N/A/sqft

$458 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48105, Ann Arbor, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	17,988 (100%)
Owner Occupied HU	8,288 (46.1%)
Renter Occupied HU	8,515 (47.3%)
Vacant Housing Units	1,185 ( 6.6%)
Median Home Value	$491,269
Average Home Value	$578,441