Mercer Plan, Lakeview EstatesMilfordMI48381
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Mercer Plan, Lakeview Estates, Milford, MI, 48381 offers $4,007/mo rent that, after a $2,648/mo payment, leaves $439/mo cash flow. Total monthly income is $4,007/mo, and annual cash flow is $5,272/yr on $177,986 cash. Return on cash invested measures 23.02% in year one, and rental yield stands at 8.89% at a $540,990 entry. Equity gained on principal adds $3,491/yr while 5% annual appreciation compounds into $149,466 by year five. Five-year ROI records 120.05% and total cumulative return in cash reaches $213,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,007/mo property income versus a $2,648/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
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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Nearby investment properties with comparable prices
