2340 Deerfield Ct, Westland, MI, 48186 | 6.84% 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

Total monthly income runs $1,282/mo, and a $1,101/mo payment. Purchase price stands at $225,000, and rental yield measures 6.84% with $1,282/mo rent. Return on cash invested shows 16.67% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 86% and total cumulative return in cash records $64,149. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,282/mo property income covering a $1,101/mo payment rather than investor’s personal income.

Multi Family

Built in 1942

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48186, Westland, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,869 (100%)
Owner Occupied HU	9,933 (66.8%)
Renter Occupied HU	4,216 (28.4%)
Vacant Housing Units	720 ( 4.8%)
Median Home Value	$176,469
Average Home Value	$205,720