9968 Cavell StLivoniaMI48150
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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 Livonia at 9968 Cavell St, Livonia, MI, 48150 generates $2,164/mo in rent and, after a $1,125/mo payment, leaves $648/mo in cash flow. Total monthly income is $2,164/mo, and annual cash flow is $7,778/yr on $76,212 invested. Return on cash invested sits at 30.11% in year one, and rental yield is 11.3% on a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 158.15% and total cumulative return in cash sums $120,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,164/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
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
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