106 Indianside RdOaklandMI48363
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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 Oakland at 106 Indianside Rd, Oakland, MI, 48363 offers $3,349/mo rent that, after a $2,635/mo payment. Total monthly income is $3,349/mo. Return on cash invested measures 18.7% in year one, and rental yield stands at 7.47% at a $538,300 entry. Equity gained on principal adds $3,474/yr while 5% annual appreciation compounds into $148,722 by year five. Five-year ROI records 96.84% and total cumulative return in cash reaches $171,512. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,349/mo property income versus a $2,635/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48363, Oakland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,551 (95.4%) |
| Renter Occupied HU | 86 ( 3.2%) |
| Vacant Housing Units | 38 ( 1.4%) |
| Median Home Value | $576,031 |
| Average Home Value | $594,939 |
Housing Distribution
Address Breakdown
Residential
2,650
Single Family
2,298
Multi-Family
352
Businesses
15
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