12002 Renfrew CtHartlandMI48353
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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 Hartland at 12002 Renfrew Ct, Hartland, MI, 48353 earns $28/mo cash flow from $3,654/mo rent with a $2,691/mo payment. Total monthly income totals $3,654/mo, and annual cash flow totals $338/yr on $180,917 capital. ROI tracks 20.25% on current figures, and rental yield reads 7.97% at a $549,900 purchase. Equity gained on principal adds $3,548/yr, and 5% annual appreciation supports $151,927 over five years. Five-year ROI reaches 105.17% and total cumulative return in cash sums $190,274. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,654/mo property income instead of your personal income.
Single Family
Built in 1994
1 Acres 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
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