2377 N Milford Rd #2PKZBBHighlandMI48357
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 2377 N Milford Rd #2PKZBB, Highland, MI, 48357 in Highland the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $128,000 price is below income-first thresholds, but 5%/yr value growth projects $35,364 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.1% |
| Monthly Cash Flow | $0 | $800 |
City averages based on Highland market data in our database. Property projections are estimates.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices