Horton Elite Plan, Coldwater Ridge of Northville, Northville, MI, 48168 | 7.5% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Northville at Horton Elite Plan, Coldwater Ridge of Northville, Northville, MI, 48168 generates $3,626/mo in rent, after a $2,839/mo payment. Total monthly income is $3,626/mo. Return on cash invested sits at 18.81% in year one, and rental yield is 7.5% on a $579,995 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,242 over five years. Five-year ROI reaches 97.47% and total cumulative return in cash sums $185,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,626/mo property income rather than buyer’s personal income.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA