0 Nairn CirHighlandMI48357
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 Highland at 0 Nairn Cir, Highland, MI, 48357 generates $3,706/mo in rent and, after a $778/mo payment, leaves $2,570/mo in cash flow. Total monthly income is $3,706/mo, and annual cash flow is $30,842/yr on $52,709 invested. Return on cash invested sits at 78.42% in year one, and rental yield is 27.97% on a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 417.97% and total cumulative return in cash sums $220,308. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,706/mo property income rather than buyer’s personal income.
Lot
Built in N/A
0.48 Acres lot
$N/A/sqft
$1,050 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
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Nearby investment properties with comparable prices
