The Princeton Plan, Windridge EstatesLyon TownshipMI48167
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 Lyon Township at The Princeton Plan, Windridge Estates, Lyon Township, MI, 48167 priced at $819,990 converts $5,994/mo rent into $587/mo cash flow after a $4,013/mo obligation. Total monthly income equals $5,994/mo, and annual cash flow totals $7,044/yr on $269,777 invested. Return on cash invested prints 22.67% in year one, and rental yield reads 8.77% against a $819,990 entry. Equity gained on principal adds $5,291/yr, while 5% annual appreciation compiles into $226,548 by year five. Five-year ROI reaches 118.17% and total cumulative return in cash sums $318,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,994/mo property income covering a $4,013/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48167, Northville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,334 (100%) |
| Owner Occupied HU | 8,259 (72.9%) |
| Renter Occupied HU | 2,529 (22.3%) |
| Vacant Housing Units | 546 ( 4.8%) |
| Median Home Value | $479,730 |
| Average Home Value | $520,960 |
Housing Distribution
Address Breakdown
Residential
10,909
Single Family
9,958
Multi-Family
951
Businesses
828
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A