1423 Arcadia Dr #A5EQ3RMilfordMI48381
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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
Rental property for sale in Milford at 1423 Arcadia Dr #A5EQ3R, Milford, MI, 48381 generates $3,265/mo in rent and, after a $2,204/mo payment, leaves $295/mo in cash flow. Total monthly income is $3,265/mo, and annual cash flow is $3,544/yr on $149,308 invested. Return on cash invested sits at 22.28% in year one, and rental yield is 8.7% on a $450,400 entry. Equity gained on principal adds $2,906/yr, while 5% annual appreciation builds toward $124,437 over five years. Five-year ROI reaches 116.12% and total cumulative return in cash sums $173,375. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,265/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
N/A 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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