Champion 3260 218 AJR RW323,331 Plan, RidgewoodMilfordMI48380
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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 Champion 3260 218 AJR RW323,331 Plan, Ridgewood, Milford, MI, 48380 generates $1,200/mo in rent and, after a $768/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,200/mo, and annual cash flow is $1,983/yr on $52,012 invested. Return on cash invested sits at 23.72% in year one, and rental yield is 9.18% on a $156,900 entry. Equity gained on principal adds $1,012/yr, while 5% annual appreciation builds toward $43,349 over five years. Five-year ROI reaches 123.87% and total cumulative return in cash sums $64,428. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,200/mo property income rather than buyer’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48380, Milford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,871 (100%) |
| Owner Occupied HU | 2,700 (94.0%) |
| Renter Occupied HU | 97 ( 3.4%) |
| Vacant Housing Units | 74 ( 2.6%) |
| Median Home Value | $455,510 |
| Average Home Value | $485,569 |
Housing Distribution
Address Breakdown
Residential
2,981
Single Family
2,981
Multi-Family
0
Businesses
25
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