77177 Omo RdArmadaMI48005
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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 Armada at 77177 Omo Rd, Armada, MI, 48005 earns from $2,290/mo rent with a $2,203/mo payment. Total monthly income totals $2,290/mo. ROI tracks 14.45% on current figures, and rental yield reads 6.11% at a $450,000 purchase. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 over five years. Five-year ROI reaches 74.12% and total cumulative return in cash sums $110,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,290/mo property income instead of your personal income.
Single Family
Built in 1980
2.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48005, Armada, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,031 (100%) |
| Owner Occupied HU | 1,772 (87.2%) |
| Renter Occupied HU | 189 ( 9.3%) |
| Vacant Housing Units | 70 ( 3.4%) |
| Median Home Value | $343,969 |
| Average Home Value | $386,707 |
Housing Distribution
Address Breakdown
Residential
1,895
Single Family
1,858
Multi-Family
37
Businesses
169
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