720 Hamlet CtAuburn HillsMI48326
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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 Hills at 720 Hamlet Ct, Auburn Hills, MI, 48326 offers a 9.66% rental yield on a $299,900 purchase with $2,413/mo rent. Total monthly income registers $2,413/mo, and a $1,468/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,222/yr on $99,417 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 131.57% and total cumulative return in cash at $130,804. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,413/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48326, Auburn Hills, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,709 (100%) |
| Owner Occupied HU | 5,384 (46.0%) |
| Renter Occupied HU | 5,611 (47.9%) |
| Vacant Housing Units | 714 ( 6.1%) |
| Median Home Value | $263,123 |
| Average Home Value | $313,361 |
Housing Distribution
Address Breakdown
Residential
10,999
Single Family
9,560
Multi-Family
1,439
Businesses
1,283
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Listed by: Anita H Barratt • Max Broock, REALTORS-Bloomfield Hills
Mls Name: Realcomp II
Mls ID: #20251057842