20779 Cavallo St #X3XXO0NorthvilleMI48167
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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
Rental property for sale in Northville at 20779 Cavallo St #X3XXO0, Northville, MI, 48167 generates $6,074/mo in rent, after a $6,504/mo payment. Total monthly income is $6,074/mo. Return on cash invested sits at 12.88% in year one, and rental yield is 5.49% on a $1,328,800 entry. Equity gained on principal adds $8,575/yr, while 5% annual appreciation builds toward $367,123 over five years. Five-year ROI reaches 65.58% and total cumulative return in cash sums $282,333. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,074/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48167, Northville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,334 (100%) |
| Owner Occupied HU | 8,259 (72.9%) |
| Renter Occupied HU | 2,529 (22.3%) |
| Vacant Housing Units | 546 ( 4.8%) |
| Median Home Value | $479,730 |
| Average Home Value | $520,960 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
9,958
Multi-Family
951
Businesses
828
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A