631 Fairbrook StNorthvilleMI48167
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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 631 Fairbrook St, Northville, MI, 48167 with 5% annual appreciation on a $787,700 basis while $2,118/mo rent supports operations. 59% in year one. Equity gained on principal adds $5,083/yr, and five-year appreciation sums $217,627 alongside rental yield of 3.23%. Five-year ROI measures 26.61% and total cumulative return in cash totals $68,950. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,118/mo property income versus a $3,855/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1976
2.87 Acres lot
$N/A/sqft
$50 monthly 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: N/A • N/A
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