14488 Summerside StLivoniaMI48154
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 Livonia at 14488 Summerside St, Livonia, MI, 48154 earns $67/mo cash flow from $2,045/mo rent with a $1,468/mo payment. Total monthly income totals $2,045/mo, and annual cash flow totals $804/yr on $99,450 capital. ROI tracks 20.72% on current figures, and rental yield reads 8.18% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 107.7% and total cumulative return in cash sums $107,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,045/mo property income instead of your personal income.
Single Family
Built in 1963
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48154, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,551 (100%) |
| Owner Occupied HU | 14,026 (90.2%) |
| Renter Occupied HU | 1,180 ( 7.6%) |
| Vacant Housing Units | 345 ( 2.2%) |
| Median Home Value | $290,881 |
| Average Home Value | $308,328 |
Housing Distribution
Address Breakdown
Residential
15,527
Single Family
14,775
Multi-Family
752
Businesses
645
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices