Skyline A012780 RW368 Plan, RidgewoodMilfordMI48380
Nearby investment properties with comparable rents
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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 Skyline A012780 RW368 Plan, Ridgewood, Milford, MI, 48380 uses $48,697 cash to close to unlock $2,523/yr annual cash flow and $210/mo monthly cash flow. Total monthly income runs $1,179/mo, and a $719/mo payment keeps the spread at $210/mo. Purchase price stands at $146,900, and rental yield measures 9.63% with $1,179/mo rent. Return on cash invested shows 25.09% in year one, and 5% annual appreciation builds toward $40,586 over five years. Five-year ROI reaches 131.23% and total cumulative return in cash records $63,905. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,179/mo property income covering a $719/mo payment rather than investor’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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