867 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
Rental property for sale in Ann Arbor at 867 Kelpie Dr, Ann Arbor, MI, 48108 offers $3,401/mo rent that, after a $3,005/mo payment. Total monthly income is $3,401/mo. Return on cash invested measures 14.43% in year one, and rental yield stands at 6.65% at a $613,990 entry. Equity gained on principal adds $3,962/yr while 5% annual appreciation compounds into $169,634 by year five. Five-year ROI records 74.62% and total cumulative return in cash reaches $150,744. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,401/mo property income versus a $3,005/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2026
N/A lot
$N/A/sqft
$300 monthly 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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Listed by: Heather S Shaffer • PH Relocation Services LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251053370
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