1127 E Commerce StMilfordMI48381
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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
Investment property for sale in Milford at 1127 E Commerce St, Milford, MI, 48381 uses $96,102 cash to close to unlock $7,574/yr annual cash flow and $631/mo monthly cash flow. Total monthly income runs $2,543/mo, and a $1,419/mo payment keeps the spread at $631/mo. Purchase price stands at $289,900, and rental yield measures 10.53% with $2,543/mo rent. Return on cash invested shows 27.79% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 145.67% and total cumulative return in cash records $139,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,543/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1945
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48381, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,189 (100%) |
| Owner Occupied HU | 4,894 (79.1%) |
| Renter Occupied HU | 1,063 (17.2%) |
| Vacant Housing Units | 232 ( 3.7%) |
| Median Home Value | $410,450 |
| Average Home Value | $436,664 |
Housing Distribution
Address Breakdown
Residential
5,970
Single Family
5,732
Multi-Family
238
Businesses
646
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