792 Peninsula CtAnn ArborMI48105
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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 Ann Arbor at 792 Peninsula Ct, Ann Arbor, MI, 48105 uses $97,958 cash to close to unlock $14,108/yr annual cash flow and $1,176/mo monthly cash flow. Total monthly income runs $3,515/mo, and a $1,446/mo payment keeps the spread at $1,176/mo. Purchase price stands at $295,500, and rental yield measures 14.27% with $3,515/mo rent. Return on cash invested shows 34.31% in year one, and 5% annual appreciation builds toward $81,641 over five years. Five-year ROI reaches 182.35% and total cumulative return in cash records $178,623. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,515/mo property income covering a $1,446/mo payment rather than investor’s personal income.
Condo
Built in 1976
N/A lot
$N/A/sqft
$391 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 |
Housing Distribution
Address Breakdown
Residential
17,208
Single Family
14,376
Multi-Family
2,832
Businesses
619
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