553 Village LnMilfordMI48381
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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 Milford at 553 Village Ln, Milford, MI, 48381 uses $129,285 cash to close to unlock $32,868/yr annual cash flow and $2,739/mo monthly cash flow. Total monthly income runs $5,711/mo, and a $1,909/mo payment keeps the spread at $2,739/mo. Purchase price stands at $390,000, and rental yield measures 17.57% with $5,711/mo rent. Return on cash invested shows 45.33% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 241.05% and total cumulative return in cash records $311,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,711/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Condo
Built in 2024
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48381, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,189 (100%) |
| Owner Occupied HU | 4,894 (79.1%) |
| Renter Occupied HU | 1,063 (17.2%) |
| Vacant Housing Units | 232 ( 3.7%) |
| Median Home Value | $410,450 |
| Average Home Value | $436,664 |
Housing Distribution
Address Breakdown
Residential
5,970
Single Family
5,732
Multi-Family
238
Businesses
646
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