525 Fairbrook St APT 203NorthvilleMI48167
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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 525 Fairbrook St APT 203, Northville, MI, 48167 earns $176/mo cash flow from $1,065/mo rent with a $660/mo payment. Total monthly income totals $1,065/mo, and annual cash flow totals $2,108/yr on $44,719 capital. ROI tracks 24.62% on current figures, and rental yield reads 9.47% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Five-year ROI reaches 128.68% and total cumulative return in cash sums $57,545. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,065/mo property income instead of your personal income.
Condo
Built in 1967
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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Listed by: Sheel Patel • EXP Z Real Estate
Mls Name: Realcomp II
Mls ID: #20251062222