18830 San Quentin Dr, Lathrup Village, MI, 48076 | $1,043/mo Cash Flow

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 Lathrup Village at 18830 San Quentin Dr, Lathrup Village, MI, 48076 offers a 11% rental yield on a $404,900 purchase with $3,713/mo rent. Total monthly income registers $3,713/mo, and a $1,982/mo payment leaves $1,043/mo available for distribution. Annual cash flow reaches $12,512/yr on $134,224 to close, and return on cash invested stands at 29.23% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,866 over five years. Portfolio math shows five-year ROI at 153.37% and total cumulative return in cash at $205,854. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,713/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

0.27 Acres 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