10385 Tophill DrHartlandMI48353
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow10385 Tophill Dr, Hartland, MI, 48353 in Hartland is a solid income-producing rental, 10.45% gross yield, $2,438/mo rent, $243/mo net cash flow on a $279,900 buy. DSCR 1.94 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $77,331 and $2,578/yr in principal reduction project a total cumulative return of $144,760.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.5% | 6.1% |
| Monthly Cash Flow | $243 | $1,200 |
City averages based on Hartland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,438 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 1.41x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48353, Hartland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 2,421 (86.3%) |
| Renter Occupied HU | 183 ( 6.5%) |
| Vacant Housing Units | 202 ( 7.2%) |
| Median Home Value | $389,725 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,472
Multi-Family
0
Businesses
308
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
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48353, Hartland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 2,421 (86.3%) |
| Renter Occupied HU | 183 ( 6.5%) |
| Vacant Housing Units | 202 ( 7.2%) |
| Median Home Value | $389,725 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,472
Multi-Family
0
Businesses
308
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices