Howe Plan, Coldwater Ridge of Northville, Northville, MI, 48168 | $224/mo Cash Flow

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 Howe Plan, Coldwater Ridge of Northville, Northville, MI, 48168 priced at $504,995 converts $3,554/mo rent into $224/mo cash flow after a $2,472/mo obligation. Total monthly income equals $3,554/mo, and annual cash flow totals $2,682/yr on $166,143 invested. Return on cash invested prints 21.67% in year one, and rental yield reads 8.45% against a $504,995 entry. Equity gained on principal adds $3,259/yr, while 5% annual appreciation compiles into $139,521 by year five. Five-year ROI reaches 112.81% and total cumulative return in cash sums $187,432. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,554/mo property income covering a $2,472/mo payment, not borrower’s personal income.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA