1062 Lindenhill LnOaklandMI48363
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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 1062 Lindenhill Ln, Oakland, MI, 48363 priced at $1,149,191 converts $4,434/mo rent into after a $5,625/mo obligation. Total monthly income equals $4,434/mo. Return on cash invested prints 9.7% in year one, and rental yield reads 4.63% against a $1,149,191 entry. Equity gained on principal adds $7,416/yr, while 5% annual appreciation compiles into $317,500 by year five. Five-year ROI reaches 48.76% and total cumulative return in cash sums $181,543. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,434/mo property income covering a $5,625/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
$165 monthly 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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