16224 Oak Forest Ct, Northville, MI, 48168 | 5.4% Rental Yield

For Sale

Listed for sale 6 days ago

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 16224 Oak Forest Ct, Northville, MI, 48168 earns from $4,273/mo rent with a $4,650/mo payment. Total monthly income totals $4,273/mo. ROI tracks 12.41% on current figures, and rental yield reads 5.4% at a $950,000 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,467 over five years. Five-year ROI reaches 63.14% and total cumulative return in cash sums $197,330. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,273/mo property income instead of your personal income.

Single Family

Built in 2003

0.32 Acres lot

$N/A/sqft

No HOA