28355 Tavistock TrlSouthfieldMI48034
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 Southfield at 28355 Tavistock Trl, Southfield, MI, 48034 earns $1,022/mo cash flow from $3,907/mo rent with a $2,141/mo payment. Total monthly income totals $3,907/mo, and annual cash flow totals $12,267/yr on $145,031 capital. ROI tracks 28.37% on current figures, and rental yield reads 10.72% at a $437,500 purchase. Equity gained on principal adds $2,823/yr, and 5% annual appreciation supports $120,873 over five years. Five-year ROI reaches 148.75% and total cumulative return in cash sums $215,729. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,907/mo property income instead of your personal income.
Single Family
Built in 1964
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48034, Southfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,670 (100%) |
| Owner Occupied HU | 2,111 (24.3%) |
| Renter Occupied HU | 5,907 (68.1%) |
| Vacant Housing Units | 652 ( 7.5%) |
| Median Home Value | $309,180 |
| Average Home Value | $328,295 |
Housing Distribution
Address Breakdown
Residential
7,640
Single Family
2,985
Multi-Family
4,655
Businesses
881
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Nearby investment properties with comparable prices
Listed by: Karen Greenwood • Coldwell Banker Professionals
Mls Name: MichRIC
Mls Provider:
Mls ID: #25043083
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.