16114 Alpine DrLivoniaMI48154
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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 Livonia at 16114 Alpine Dr, Livonia, MI, 48154 earns $2,968/mo cash flow from $4,419/mo rent with a $1,077/mo payment. Total monthly income totals $4,419/mo, and annual cash flow totals $35,616/yr on $72,930 capital. ROI tracks 68.74% on current figures, and rental yield reads 24.1% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 365.25% and total cumulative return in cash sums $266,375. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,419/mo property income instead of your personal income.
Single Family
Built in 1962
0.31 Acres 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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