38067 Southfarm LnNorthvilleMI48167
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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 Northville at 38067 Southfarm Ln, Northville, MI, 48167 earns $155/mo cash flow from $3,709/mo rent with a $2,638/mo payment. Total monthly income totals $3,709/mo, and annual cash flow totals $1,856/yr on $177,331 capital. ROI tracks 21.11% on current figures, and rental yield reads 8.26% at a $539,000 purchase. Equity gained on principal adds $3,478/yr, and 5% annual appreciation supports $148,916 over five years. Five-year ROI reaches 109.77% and total cumulative return in cash sums $194,652. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,709/mo property income instead of your personal income.
Single Family
Built in 1971
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48167, Northville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,334 (100%) |
| Owner Occupied HU | 8,259 (72.9%) |
| Renter Occupied HU | 2,529 (22.3%) |
| Vacant Housing Units | 546 ( 4.8%) |
| Median Home Value | $479,730 |
| Average Home Value | $520,960 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
9,958
Multi-Family
951
Businesses
828
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Listed by: Angela Jaafar • RE/MAX Dream Properties
Mls Name: Realcomp II
Mls ID: #20251054149