1494 Hunters Lake DrMilfordMI48380
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 1494 Hunters Lake Dr, Milford, MI, 48380 in Milford deserves attention. This $1,390,000 property earns $11,882/mo in rent, a 10.26% gross yield, and nets $2,599/mo after the $6,250/mo payment. DSCR 1.90 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $384,031 compounds alongside $12,802/yr in yearly equity build, for a total cumulative return of $697,304.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 6.0% |
| Monthly Cash Flow | $2,599 | $800 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $11,882 |
| Total Monthly Debt Service | $8,730 |
| DSCR Ratio | 1.36x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2012
1.21 Acres lot
$N/A/sqft
$1,400 annually 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
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
Single Family
Built in 2012
1.21 Acres lot
$N/A/sqft
$1,400 annually 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