8886 Parkside DrLivoniaMI48150
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 8886 Parkside Dr, Livonia, MI, 48150 in Livonia speaks for itself: 11.98% gross on a $474,900 price, generating $4,742/mo in rent and $1,611/mo in net income after the $2,135/mo debt service. DSCR 2.22, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $19,328 stacks alongside $131,206 in projected five-year appreciation and $4,374/yr in principal reduction. Projected total cumulative return: $284,585.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 12% | 7.2% |
| Monthly Cash Flow | $1,611 | $185 |
City averages based on Livonia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,742 |
| Total Monthly Debt Service | $2,943 |
| DSCR Ratio | 1.61x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48150, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,263 (100%) |
| Owner Occupied HU | 9,728 (86.4%) |
| Renter Occupied HU | 1,250 (11.1%) |
| Vacant Housing Units | 285 ( 2.5%) |
| Median Home Value | $231,653 |
| Average Home Value | $252,934 |
Housing Distribution
Address Breakdown
Residential
11,484
Single Family
11,195
Multi-Family
289
Businesses
2,004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1997
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48150, Livonia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,263 (100%) |
| Owner Occupied HU | 9,728 (86.4%) |
| Renter Occupied HU | 1,250 (11.1%) |
| Vacant Housing Units | 285 ( 2.5%) |
| Median Home Value | $231,653 |
| Average Home Value | $252,934 |
Housing Distribution
Address Breakdown
Residential
11,484
Single Family
11,195
Multi-Family
289
Businesses
2,004
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices