17676 Addison StSouthfieldMI48075
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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 17676 Addison St, Southfield, MI, 48075 earns $626/mo cash flow from $2,136/mo rent with a $1,121/mo payment. Total monthly income totals $2,136/mo, and annual cash flow totals $7,508/yr on $75,914 capital. ROI tracks 29.8% on current figures, and rental yield reads 11.19% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 156.42% and total cumulative return in cash sums $118,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,136/mo property income instead of your personal income.
Single Family
Built in 1976
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48075, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,504 (100%) |
| Owner Occupied HU | 6,113 (58.2%) |
| Renter Occupied HU | 3,727 (35.5%) |
| Vacant Housing Units | 664 ( 6.3%) |
| Median Home Value | $253,171 |
| Average Home Value | $298,568 |
Housing Distribution
Address Breakdown
Residential
10,112
Single Family
6,473
Multi-Family
3,639
Businesses
1,720
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Listed by: Stanley Ho • Realty Executives Home Towne
Mls Name: Realcomp II
Mls ID: #20251056597