617 E Bennett Ave, Ferndale, MI 48220

3 bd · 2.5 ba · 1,559 sqft · built 1925 · Ferndale · MULTI_FAMILY·source listing ↗

$250,000

rent, three ways

OnePercent model (vv1)$2,668/mo

p10–p90 confidence band

HUD Fair Market Rent · 48220 · 3BR

$1,880/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Oakland

Flood risk indexRelatively Low FEMA NRI

Median household income$89,881

Median area rent$1,272/mo

Median home value$243,900

the verdict

1.07%vs 1.2% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$250,000

1.07% · rent $2,668

Intrinsic value · income approach

$373,401

33% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.