32950 Perth StLivoniaMI48154
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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
Rental property for sale in Livonia at 32950 Perth St, Livonia, MI, 48154 generates $3,535/mo in rent and, after a $1,517/mo payment, leaves $1,491/mo in cash flow. Total monthly income is $3,535/mo, and annual cash flow is $17,894/yr on $102,732 invested. Return on cash invested sits at 37.33% in year one, and rental yield is 13.69% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 196.81% and total cumulative return in cash sums $202,188. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48154, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,551 (100%) |
| Owner Occupied HU | 14,026 (90.2%) |
| Renter Occupied HU | 1,180 ( 7.6%) |
| Vacant Housing Units | 345 ( 2.2%) |
| Median Home Value | $290,881 |
| Average Home Value | $308,328 |
Housing Distribution
Address Breakdown
Residential
15,527
Single Family
14,775
Multi-Family
752
Businesses
645
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