Evanston III Plan, Cypress GardenTaylorMI48180
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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 Taylor at Evanston III Plan, Cypress Garden, Taylor, MI, 48180 priced at $371,900 converts $1,775/mo rent into after a $1,820/mo obligation. Total monthly income equals $1,775/mo. Return on cash invested prints 12.91% in year one, and rental yield reads 5.73% against a $371,900 entry. Equity gained on principal adds $2,400/yr, while 5% annual appreciation compiles into $102,749 by year five. Five-year ROI reaches 65.98% and total cumulative return in cash sums $81,338. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,775/mo property income covering a $1,820/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$42 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
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