12257 S Star Lake DrBaldwinMI49304
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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
Total monthly income runs $1,860/mo, and a $1,468/mo payment. Purchase price stands at $299,900, and rental yield measures 7.44% with $1,860/mo rent. Return on cash invested shows 18.49% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 95.77% and total cumulative return in cash records $95,212. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
10.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49304, Baldwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 1,488 (25.6%) |
| Renter Occupied HU | 467 ( 8.0%) |
| Vacant Housing Units | 3,864 (66.4%) |
| Median Home Value | $141,453 |
| Average Home Value | $196,193 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,003
Multi-Family
186
Businesses
159
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