15943 Morningside, Northville, MI, 48168 | $109/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Northville at 15943 Morningside, Northville, MI, 48168 uses $90,500 cash to close to unlock $1,307/yr annual cash flow and $109/mo monthly cash flow. Total monthly income runs $1,909/mo, and a $1,336/mo payment keeps the spread at $109/mo. Purchase price stands at $273,000, and rental yield measures 8.39% with $1,909/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $75,425 over five years. Five-year ROI reaches 111.12% and total cumulative return in cash records $100,567. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,909/mo property income covering a $1,336/mo payment rather than investor’s personal income.

Condo

Built in 2005

N/A lot

$N/A/sqft

No HOA