10346 Laurel Woods PlFreelandMI48623
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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
Investment property for sale in Freeland at 10346 Laurel Woods Pl, Freeland, MI, 48623 earns $599/mo cash flow from $3,137/mo rent with a $1,884/mo payment. Total monthly income totals $3,137/mo, and annual cash flow totals $7,184/yr on $127,594 capital. ROI tracks 25.54% on current figures, and rental yield reads 9.78% at a $384,900 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 over five years. Five-year ROI reaches 133.57% and total cumulative return in cash sums $170,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,137/mo property income instead of your personal income.
Single Family
Built in 2009
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48623, Freeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,439 (100%) |
| Owner Occupied HU | 4,603 (84.6%) |
| Renter Occupied HU | 598 (11.0%) |
| Vacant Housing Units | 238 ( 4.4%) |
| Median Home Value | $283,821 |
| Average Home Value | $326,566 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,234
Multi-Family
0
Businesses
330
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