16915 W Twelve Mile RdSouthfieldMI48076
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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 Southfield at 16915 W Twelve Mile Rd, Southfield, MI, 48076 listed at $201,000 pairs $1,840/mo rent with a $984/mo payment to leave $514/mo cash flow. Total monthly income runs $1,840/mo, and annual cash flow reaches $6,172/yr on $66,632 cash to close. Return on cash invested measures 29.17% in year one, and rental yield registers 10.99% at a $201,000 basis. Equity gained on principal adds $1,297/yr, and annual property appreciation at 5% supports $55,533 by year five. Five-year ROI tracks 153.08% and total cumulative return in cash totals $101,998. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,840/mo property income relative to a $984/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1925
7,057 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48076, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,404 (100%) |
| Owner Occupied HU | 8,138 (71.4%) |
| Renter Occupied HU | 2,845 (24.9%) |
| Vacant Housing Units | 421 ( 3.7%) |
| Median Home Value | $263,247 |
| Average Home Value | $282,492 |
Housing Distribution
Address Breakdown
Residential
11,096
Single Family
9,196
Multi-Family
1,900
Businesses
1,364
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Listed by: N/A • N/A
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