39444 Springwater DrNorthvilleMI48168
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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
Rental property for sale in Northville at 39444 Springwater Dr, Northville, MI, 48168 generates $2,488/mo in rent and, after a $1,346/mo payment, leaves $305/mo in cash flow. Total monthly income is $2,488/mo, and annual cash flow is $3,654/yr on $91,163 invested. Return on cash invested sits at 23.92% in year one, and rental yield is 10.86% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 126.64% and total cumulative return in cash sums $115,451. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.
Townhouse
Built in 2001
N/A lot
$N/A/sqft
$370 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Timothy Tripon • Community Choice Realty Inc
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250026480
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-04-17 07:24:16 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702