862 Polo PlAuburn 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
Rental property for sale in Auburn Hills at 862 Polo Pl, Auburn Hills, MI, 48326 priced at $373,000 pairs $2,845/mo rent with $385/mo cash flow after a $1,826/mo payment. Total monthly income equals $2,845/mo, and annual cash flow comes to $4,619/yr on $123,650 invested. Return on cash invested is 23.64% in year one, and rental yield stands at 9.15% on a $373,000 basis. Equity gained on principal adds $2,407/yr, and 5% annual appreciation accumulates to $103,053 by year five. Five-year ROI measures 123.41% and total cumulative return in cash reaches $152,591. For financing, Ziffy Mortgage’s DSCR program evaluates $2,845/mo property income against a $1,826/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1996
6,534 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: Leslie Mihalak • RE/MAX First
Mls Name: Realcomp II
Mls ID: #20251047300