3481 Silver Stone DrMilfordMI48380
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3481 Silver Stone Dr, Milford, MI, 48380 in Milford. Priced at $435,000, it generates $5,152/mo in gross rent and $1,983/mo in net monthly cash flow, a 14.21% yield that comfortably supports the 2.63 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $23,796. Five-year appreciation: $120,182. Equity from principal paydown: $4,006/yr. Total projected cumulative return: $294,667.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.2% | 6.0% |
| Monthly Cash Flow | $1,983 | $800 |
City averages based on Milford market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,152 |
| Total Monthly Debt Service | $2,996 |
| DSCR Ratio | 1.72x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2011
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48380, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,871 (100%) |
| Owner Occupied HU | 2,700 (94.0%) |
| Renter Occupied HU | 97 ( 3.4%) |
| Vacant Housing Units | 74 ( 2.6%) |
| Median Home Value | $455,510 |
| Average Home Value | $485,569 |
Housing Distribution
Address Breakdown
Residential
2,981
Single Family
2,981
Multi-Family
0
Businesses
25
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
Condo
Built in 2011
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48380, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,871 (100%) |
| Owner Occupied HU | 2,700 (94.0%) |
| Renter Occupied HU | 97 ( 3.4%) |
| Vacant Housing Units | 74 ( 2.6%) |
| Median Home Value | $455,510 |
| Average Home Value | $485,569 |
Housing Distribution
Address Breakdown
Residential
2,981
Single Family
2,981
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices