12660 Darling RdMilanMI48160
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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
Total monthly income runs $1,728/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 6.91% with $1,728/mo rent. Return on cash invested shows 16.89% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 87.24% and total cumulative return in cash records $86,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1969
2.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48160, Milan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,468 (100%) |
| Owner Occupied HU | 4,344 (79.4%) |
| Renter Occupied HU | 890 (16.3%) |
| Vacant Housing Units | 234 ( 4.3%) |
| Median Home Value | $295,238 |
| Average Home Value | $368,325 |
Housing Distribution
Address Breakdown
Residential
5,054
Single Family
4,855
Multi-Family
199
Businesses
281
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Listed by: Jacob Levicki • eXp Realty LLC in Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50175598
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