828 N MainMilfordMI48381
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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
Rental property for sale in Milford at 828 N Main, Milford, MI, 48381 generates $2,580/mo in rent, after a $3,548/mo payment. Total monthly income is $2,580/mo. Return on cash invested sits at 8.99% in year one, and rental yield is 4.27% on a $724,902 entry. Equity gained on principal adds $4,678/yr, while 5% annual appreciation builds toward $200,277 over five years. Five-year ROI reaches 44.79% and total cumulative return in cash sums $106,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,580/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
9,583 sqft lot
$N/A/sqft
No 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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