102 Willards WayWhite LakeMI48386
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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 White Lake at 102 Willards Way, White Lake, MI, 48386 offers $2,722/mo rent that, after a $1,762/mo payment, leaves $348/mo cash flow. Total monthly income is $2,722/mo, and annual cash flow is $4,176/yr on $119,340 cash. Return on cash invested measures 23.41% in year one, and rental yield stands at 9.07% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 122.13% and total cumulative return in cash reaches $145,749. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,722/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48386, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 6,505 (82.8%) |
| Renter Occupied HU | 965 (12.3%) |
| Vacant Housing Units | 385 ( 4.9%) |
| Median Home Value | $372,950 |
| Average Home Value | $397,910 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
7,384
Multi-Family
399
Businesses
236
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Listed by: Terry Cadarette • Real Estate Pros, LLC
Mls Name: Realcomp II
Mls ID: #20251059000