1475 Ring O KerryMilfordMI48381
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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 1475 Ring O Kerry, Milford, MI, 48381 listed at $775,000 pairs $6,281/mo rent with a $3,793/mo payment to leave $1,171/mo cash flow. Total monthly income runs $6,281/mo, and annual cash flow reaches $14,046/yr on $254,975 cash to close. Return on cash invested measures 25.57% in year one, and rental yield registers 9.73% at a $775,000 basis. Equity gained on principal adds $5,001/yr, and annual property appreciation at 5% supports $214,118 by year five. Five-year ROI tracks 133.7% and total cumulative return in cash totals $340,903. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,281/mo property income relative to a $3,793/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
2.25 Acres 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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