859 Kelpie DrAnn ArborMI48108
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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 859 Kelpie Dr, Ann Arbor, MI, 48108 at $536,990 posts ROI 20.23% with $25/mo cash flow from $3,566/mo rent. Total monthly income equals $3,566/mo, and annual cash flow records $301/yr on $176,670 to close. Return on cash invested measures 20.23% and rental yield reads 7.97% at the current $536,990. Equity gained on principal adds $3,465/yr, and 5% annual appreciation supports $148,360 by year five. Five-year ROI prints 105.09% and total cumulative return in cash totals $185,669.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,566/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48108, Ann Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,660 (100%) |
| Owner Occupied HU | 6,549 (51.7%) |
| Renter Occupied HU | 5,485 (43.3%) |
| Vacant Housing Units | 626 ( 4.9%) |
| Median Home Value | $387,873 |
| Average Home Value | $432,287 |
Housing Distribution
Address Breakdown
Residential
12,115
Single Family
9,999
Multi-Family
2,116
Businesses
1,368
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