22219 Lujon DrNorthvilleMI48167
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Northville at 22219 Lujon Dr, Northville, MI, 48167 listed at $849,999 pairs $4,668/mo rent with a $4,160/mo payment. Total monthly income runs $4,668/mo. Return on cash invested measures 15.74% in year one, and rental yield registers 6.59% at a $849,999 basis. Equity gained on principal adds $5,485/yr, and annual property appreciation at 5% supports $234,839 by year five. Five-year ROI tracks 81.08% and total cumulative return in cash totals $226,737. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,668/mo property income relative to a $4,160/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2003
0.34 Acres lot
$N/A/sqft
$850 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anthony Hill • Majestic Homes & Investments
Mls Name: MichRIC
Mls Provider:
Mls ID: #25027573
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.