1213 Pine Ridge RdMilfordMI48380
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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 1213 Pine Ridge Rd, Milford, MI, 48380 with 5% annual appreciation on a $481,600 basis while $4,674/mo rent supports operations. Total monthly income totals $4,674/mo and a $2,357/mo payment preserves $1,494/mo for cash returns. Annual cash flow comes to $17,931/yr on $159,650 deployed, and return on cash invested reaches 31.14% in year one. Equity gained on principal adds $3,108/yr, and five-year appreciation sums $133,057 alongside rental yield of 11.65%. Five-year ROI measures 163.63% and total cumulative return in cash totals $261,243.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,674/mo property income versus a $2,357/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1984
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48380, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,871 (100%) |
| Owner Occupied HU | 2,700 (94.0%) |
| Renter Occupied HU | 97 ( 3.4%) |
| Vacant Housing Units | 74 ( 2.6%) |
| Median Home Value | $455,510 |
| Average Home Value | $485,569 |
Housing Distribution
Address Breakdown
Residential
2,981
Single Family
2,981
Multi-Family
0
Businesses
25
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