15307 Williams 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 15307 Williams St, Livonia, MI, 48154 uses $95,804 cash to close to unlock $11,612/yr annual cash flow and $968/mo monthly cash flow. Total monthly income runs $2,874/mo, and a $1,415/mo payment keeps the spread at $968/mo. Purchase price stands at $289,000, and rental yield measures 11.93% with $2,874/mo rent. Return on cash invested shows 32.03% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 168.38% and total cumulative return in cash records $161,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,712 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
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