Hickory at Hills of Franklin Plan, Hills of FranklinFarmington HillsMI48334
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Farmington Hills at Hickory at Hills of Franklin Plan, Hills of Franklin, Farmington Hills, MI, 48334 priced at $1,349,990 pairs $2,186/mo rent with after a $6,608/mo payment. Total monthly income equals $2,186/mo. Return on cash invested is 1.94% in year one, and rental yield stands at 1.94% on a $1,349,990 basis. Equity gained on principal adds $8,711/yr, and 5% annual appreciation accumulates to $372,977 by year five. Five-year ROI measures 6.95% and total cumulative return in cash reaches $30,398. For financing, Ziffy Mortgage’s DSCR program evaluates $2,186/mo property income against a $6,608/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48334, Farmington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,410 (100%) |
| Owner Occupied HU | 5,175 (61.5%) |
| Renter Occupied HU | 2,716 (32.3%) |
| Vacant Housing Units | 519 ( 6.2%) |
| Median Home Value | $342,899 |
| Average Home Value | $374,387 |
Housing Distribution
Address Breakdown
Residential
7,976
Single Family
5,409
Multi-Family
2,567
Businesses
1,380
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Robertson Homes
Mls Name: Robertson Homes
Mls Provider:
Mls ID: #N/A