29965 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 29965 Westfield St, Livonia, MI, 48150 earns $889/mo cash flow from $2,701/mo rent with a $1,346/mo payment. Total monthly income totals $2,701/mo, and annual cash flow totals $10,664/yr on $91,129 capital. ROI tracks 31.61% on current figures, and rental yield reads 11.79% at a $274,900 purchase. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 over five years. Five-year ROI reaches 166.13% and total cumulative return in cash sums $151,395. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,701/mo property income instead of your personal income.
Single Family
Built in 1954
7,405 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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