12359 Boulder PassMilfordMI48380
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
Investment property for sale in Milford at 12359 Boulder Pass, Milford, MI, 48380 offers a 5.39% rental yield on a $1,539,800 purchase with $6,917/mo rent. 58% in year one. Equity gained on principal adds $9,936/yr while 5% annual appreciation supports $425,418 over five years. Portfolio math shows five-year ROI at 64% and total cumulative return in cash at $319,299. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,917/mo property income against a $7,537/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices