The Bloomington Plan, Madison of WestlandWestlandMI48186
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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
Rental property for sale in Westland at The Bloomington Plan, Madison of Westland, Westland, MI, 48186 priced at $355,990 pairs $3,492/mo rent with $1,145/mo cash flow after a $1,742/mo payment. Total monthly income equals $3,492/mo, and annual cash flow comes to $13,738/yr on $118,011 invested. Return on cash invested is 31.55% in year one, and rental yield stands at 11.77% on a $355,990 basis. Equity gained on principal adds $2,297/yr, and 5% annual appreciation accumulates to $98,353 by year five. Five-year ROI measures 165.8% and total cumulative return in cash reaches $195,658. For financing, Ziffy Mortgage’s DSCR program evaluates $3,492/mo property income against a $1,742/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48186, Westland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,869 (100%) |
| Owner Occupied HU | 9,933 (66.8%) |
| Renter Occupied HU | 4,216 (28.4%) |
| Vacant Housing Units | 720 ( 4.8%) |
| Median Home Value | $176,469 |
| Average Home Value | $205,720 |
Housing Distribution
Address Breakdown
Residential
14,625
Single Family
13,228
Multi-Family
1,397
Businesses
401
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