Skyline N610 RW295 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
Investment property for sale in Milford at Skyline N610 RW295 Plan, Ridgewood, Milford, MI, 48380 listed at $131,900 pairs $1,056/mo rent with a $646/mo payment to leave $186/mo cash flow. Total monthly income runs $1,056/mo, and annual cash flow reaches $2,229/yr on $43,725 cash to close. Return on cash invested measures 25.01% in year one, and rental yield registers 9.61% at a $131,900 basis. Equity gained on principal adds $851/yr, and annual property appreciation at 5% supports $36,442 by year five. Five-year ROI tracks 130.74% and total cumulative return in cash totals $57,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,056/mo property income relative to a $646/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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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