15958 Morningside, Northville, MI, 48168 | $92/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

Rental property for sale in Northville at 15958 Morningside, Northville, MI, 48168 generates $2,321/mo in rent and, after a $1,395/mo payment, leaves $92/mo in cash flow. Total monthly income is $2,321/mo, and annual cash flow is $1,098/yr on $94,478 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 9.77% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 111.22% and total cumulative return in cash sums $105,078. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,321/mo property income rather than buyer’s personal income.

Condo

Built in 2004

N/A lot

$N/A/sqft

$350 monthly HOA