Bowman with Basement Plan, Townes at LakeviewMilfordMI48381
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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 Bowman with Basement Plan, Townes at Lakeview, Milford, MI, 48381 offers a 10.21% rental yield on a $418,990 purchase with $3,566/mo rent. Total monthly income registers $3,566/mo, and a $2,051/mo payment leaves $803/mo available for distribution. Annual cash flow reaches $9,633/yr on $138,895 to close, and return on cash invested stands at 26.84% in year one. Equity gained on principal adds $2,704/yr while 5% annual appreciation supports $115,759 over five years. Portfolio math shows five-year ROI at 140.57% and total cumulative return in cash at $195,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,566/mo property income against a $2,051/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2025
N/A 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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