406 S CtrNorthvilleMI48167
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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 406 S Ctr, Northville, MI, 48167 earns from $3,276/mo rent with a $3,133/mo payment. Total monthly income totals $3,276/mo. ROI tracks 14.67% on current figures, and rental yield reads 6.14% at a $640,200 purchase. Equity gained on principal adds $4,131/yr, and 5% annual appreciation supports $176,875 over five years. Five-year ROI reaches 75.27% and total cumulative return in cash sums $158,541. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,276/mo property income instead of your personal income.
Condo
Built in 2025
N/A 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: N/A • N/A
Mls Name: Toll Brothers Inc.
Mls Provider:
Mls ID: #N/A