28852 Westfield StLivoniaMI48150
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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
Investment property for sale in Livonia at 28852 Westfield St, Livonia, MI, 48150 earns $1,507/mo cash flow from $2,496/mo rent with a $734/mo payment. Total monthly income totals $2,496/mo, and annual cash flow totals $18,084/yr on $49,725 capital. ROI tracks 56.28% on current figures, and rental yield reads 19.97% at a $150,000 purchase. Equity gained on principal adds $968/yr, and 5% annual appreciation supports $41,442 over five years. Five-year ROI reaches 298.36% and total cumulative return in cash sums $148,362. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,496/mo property income instead of your personal income.
Single Family
Built in 1954
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48150, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,263 (100%) |
| Owner Occupied HU | 9,728 (86.4%) |
| Renter Occupied HU | 1,250 (11.1%) |
| Vacant Housing Units | 285 ( 2.5%) |
| Median Home Value | $231,653 |
| Average Home Value | $252,934 |
Housing Distribution
Address Breakdown
Residential
11,484
Single Family
11,195
Multi-Family
289
Businesses
2,004
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Listed by: TJ Brisbois • Wise Property Buyers
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251053120
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