19067 Rainbow Dr, Lathrup Village, MI, 48076 | $2,829/mo Cash Flow

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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 19067 Rainbow Dr, Lathrup Village, MI, 48076 listed at $344,500 pairs $5,254/mo rent with a $1,686/mo payment to leave $2,829/mo cash flow. Total monthly income runs $5,254/mo, and annual cash flow reaches $33,952/yr on $114,202 cash to close. Return on cash invested measures 49.64% in year one, and rental yield registers 18.3% at a $344,500 basis. Equity gained on principal adds $2,223/yr, and annual property appreciation at 5% supports $95,179 by year five. Five-year ROI tracks 263.4% and total cumulative return in cash totals $300,807. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,254/mo property income relative to a $1,686/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1950

0.68 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