37677 Newburgh Park CirLivoniaMI48152
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 37677 Newburgh Park Cir, Livonia, MI, 48152 in Livonia: $3,449/mo in rent, $231/mo in net income, 9.52% gross yield, 1.76 DSCR, all at $434,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $120,155 in appreciation and $4,005/yr in principal paydown projects total cumulative return of $182,062.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 7.2% |
| Monthly Cash Flow | $231 | $185 |
City averages based on Livonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,449 |
| Total Monthly Debt Service | $3,045 |
| DSCR Ratio | 1.13x |
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.
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48152, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 10,736 (79.9%) |
| Renter Occupied HU | 2,337 (17.4%) |
| Vacant Housing Units | 361 ( 2.7%) |
| Median Home Value | $309,223 |
| Average Home Value | $321,786 |
Housing Distribution
Address Breakdown
Residential
13,567
Single Family
11,765
Multi-Family
1,802
Businesses
1,252
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
Townhouse
Built in 2002
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48152, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,434 (100%) |
| Owner Occupied HU | 10,736 (79.9%) |
| Renter Occupied HU | 2,337 (17.4%) |
| Vacant Housing Units | 361 ( 2.7%) |
| Median Home Value | $309,223 |
| Average Home Value | $321,786 |
Housing Distribution
Address Breakdown
Residential
13,567
Single Family
11,765
Multi-Family
1,802
Businesses
1,252
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices