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563 Allen Rd Trailer 38, Milan, MI, 48160

3beds
2baths
1,500sqft
$49,500
$33price/sqft
$500/moest. monthly cost
$20,000/yrincome needed

About This Home

Manufactured home for sale in Milan, MI. Located in Mill Race Shores mobile home park, must stay, cannot be moved. Must be approved by the park. Lot rent is $580 1997 Skyline 3 bed, 2 full bath about 1,500 sq. ft Asking $49,500 - reasonable offers considered. Wonderfully maintained double wide home on a lovely, quiet lot! Beautiful yard that backs up to a wooded area. All appliances included with the purchase of the home, many recent updates as listed below- All new within the last 5 years: •Roof with Velux skylights •Central air conditioning •Belly wrap and heat tape •Furnace •Shower •Toilets •Fridge •Stove •Microwave •Garbage Disposal Financing can be available to qualified applicants through 21st Century Mortgage.

Getting Around

22
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

--
Paddock Elementary SchoolGrades PK-11.1 mi
6/10
Milan Middle SchoolGrades 5-81.2 mi
6/10
Milan High SchoolGrades 9-122.2 mi

Construction

Condition

  • Year built: 1997

Type & Style

  • Home type: MobileManufactured

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Interior Area

  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 5309503800

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Inland Flooding
Ice Storm
Tornado
Winter Weather
Tsunami

FEMA Declared Disasters in Monroe County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $250$3,000
Home Insurance *$20$240
Property Taxes $42$504
Electricity $188$2,259
Total$500$6,000
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$17,142/yr
40% on housing$15,000/yr
45% on housing$13,333/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$33This listing

vs Other Active Listings

Avg $/sqft

ZIP 48160$162
Monroe County$133

vs Homes Sold Last Month

Median $/sqft

ZIP 48160$195
Monroe County$173

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-16Listed for sale$49,500

For Sale by Owner

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