47483 Beckenham Blvd, Novi, MI, 48374 | 4.15% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
2292 sft

28542 Kendallwood Dr, Farmington Hills, MI, 48334

4 Bed
3 Bath
2438 sft

9498 Bassett St, Livonia, MI, 48150

4 Bed
5 Bath
4413 sft

2074 Lakeshire Dr, West Bloomfield, MI, 48323

4 Bed
3 Bath
2422 sft

8215 Hummingbird Dr, Ypsilanti, MI, 48197

Nearby investment properties with comparable prices

5 Bed
4 Bath
5077 sft

24278 Saybrook Ct, Novi, MI, 48374

4 Bed
4 Bath
3155 sft

2974 Simi Way, Ann Arbor, MI, 48108

4 Bed
5 Bath
4762 sft

22821 Country Club Dr, South Lyon, MI, 48178

3 Bed
4 Bath
2804 sft

3140 Dolph Dr, Ann Arbor, MI, 48103

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

Explore more listings using simple english

Investment Highlights

Total monthly income runs $4,147/mo, and a $5,869/mo payment. Purchase price stands at $1,199,000, and rental yield measures 4.15% with $4,147/mo rent. Return on cash invested shows 8.75% in year one, and 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 43.47% and total cumulative return in cash records $168,873. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,147/mo property income covering a $5,869/mo payment rather than investor’s personal income.

Single Family

Built in 1996

0.42 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48374, Novi, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,206 (100%)
Owner Occupied HU	5,357 (86.3%)
Renter Occupied HU	723 (11.7%)
Vacant Housing Units	126 ( 2.0%)
Median Home Value	$551,779
Average Home Value	$549,902