1290 Bablon DrWhite LakeMI48386
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
Investment Highlights
Investment property for sale in White Lake at 1290 Bablon Dr, White Lake, MI, 48386 uses $76,212 cash to close to unlock $1,190/yr annual cash flow and $99/mo monthly cash flow. Total monthly income runs $1,615/mo, and a $1,125/mo payment keeps the spread at $99/mo. Purchase price stands at $229,900, and rental yield measures 8.43% with $1,615/mo rent. Return on cash invested shows 21.47% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 111.81% and total cumulative return in cash records $85,211. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,615/mo property income covering a $1,125/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48386, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 6,505 (82.8%) |
| Renter Occupied HU | 965 (12.3%) |
| Vacant Housing Units | 385 ( 4.9%) |
| Median Home Value | $372,950 |
| Average Home Value | $397,910 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
7,384
Multi-Family
399
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elisa Sboukis • Coldwell Banker Professionals-Birm
Mls Name: Realcomp II
Mls ID: #20251052607