Manchester at Fraser Square Plan, Fraser SquareHarper WoodsMI48225
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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 Harper Woods at Manchester at Fraser Square Plan, Fraser Square, Harper Woods, MI, 48225 offers $2,053/mo rent that, after a $1,155/mo payment, leaves $497/mo cash flow. Total monthly income is $2,053/mo, and annual cash flow is $5,962/yr on $78,231 cash. Return on cash invested measures 27.53% in year one, and rental yield stands at 10.44% at a $235,990 entry. Equity gained on principal adds $1,523/yr while 5% annual appreciation compounds into $65,200 by year five. Five-year ROI records 144.24% and total cumulative return in cash reaches $112,839. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,053/mo property income versus a $1,155/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48225, Harper Woods, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,424 (100%) |
| Owner Occupied HU | 3,740 (58.2%) |
| Renter Occupied HU | 2,308 (35.9%) |
| Vacant Housing Units | 376 ( 5.9%) |
| Median Home Value | $158,137 |
| Average Home Value | $185,916 |
Housing Distribution
Address Breakdown
Residential
6,359
Single Family
5,525
Multi-Family
834
Businesses
203
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Listed by: N/A • Robertson Homes
Mls Name: Robertson Homes
Mls Provider:
Mls ID: #N/A