38649 Deerwood CtNorthvilleMI48167
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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 38649 Deerwood Ct, Northville, MI, 48167 listed at $599,999 pairs $4,124/mo rent with a $2,937/mo payment to leave $167/mo cash flow. Total monthly income runs $4,124/mo, and annual cash flow reaches $2,004/yr on $197,400 cash to close. Return on cash invested measures 21.08% in year one, and rental yield registers 8.25% at a $599,999 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 109.59% and total cumulative return in cash totals $216,323. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,124/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
0.37 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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Nearby investment properties with comparable prices
Listed by: Rerhi Onomake • Community Choice Realty Inc
Mls Name: Realcomp II
Mls ID: #20251023449