18288 Norwich RdLivoniaMI48152
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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 18288 Norwich Rd, Livonia, MI, 48152 listed at $295,000 pairs $3,954/mo rent with a $1,444/mo payment to leave $2,009/mo cash flow. Total monthly income runs $3,954/mo, and annual cash flow reaches $24,102/yr on $97,793 cash to close. Return on cash invested measures 44.56% in year one, and rental yield registers 16.08% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 235.55% and total cumulative return in cash totals $230,354. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,954/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48152, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 10,736 (79.9%) |
| Renter Occupied HU | 2,337 (17.4%) |
| Vacant Housing Units | 361 ( 2.7%) |
| Median Home Value | $309,223 |
| Average Home Value | $321,786 |
Housing Distribution
Address Breakdown
Residential
13,567
Single Family
11,765
Multi-Family
1,802
Businesses
1,252
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