36024 Schoolcraft RdLivoniaMI48150
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 Livonia at 36024 Schoolcraft Rd, Livonia, MI, 48150 earns $539/mo cash flow from $2,507/mo rent with a $1,461/mo payment. Total monthly income totals $2,507/mo, and annual cash flow totals $6,465/yr on $98,920 capital. ROI tracks 26.44% on current figures, and rental yield reads 10.08% at a $298,400 purchase. Equity gained on principal adds $1,926/yr, and 5% annual appreciation supports $82,442 over five years. Five-year ROI reaches 138.44% and total cumulative return in cash sums $136,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,507/mo property income instead of your personal income.
Single Family
Built in 1966
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices