188 Center Blvd, Wixom, MI, 48393 | 6.23% Rental Yield

For Sale

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 Wixom at 188 Center Blvd, Wixom, MI, 48393 offers a 6.23% rental yield on a $315,000 purchase with $1,636/mo rent. 07% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 52.34% and total cumulative return in cash at $54,653. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,636/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2006

N/A lot

$N/A/sqft

$415 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48393, Wixom, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,901 (100%)
Owner Occupied HU	4,624 (46.7%)
Renter Occupied HU	4,838 (48.9%)
Vacant Housing Units	439 ( 4.4%)
Median Home Value	$347,214
Average Home Value	$353,308