1296 Blue Ridge PkwyWhite LakeMI48383
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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 White Lake at 1296 Blue Ridge Pkwy, White Lake, MI, 48383 earns from $3,120/mo rent with a $2,839/mo payment. Total monthly income totals $3,120/mo. ROI tracks 15.63% on current figures, and rental yield reads 6.46% at a $580,000 purchase. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 over five years. Five-year ROI reaches 80.37% and total cumulative return in cash sums $153,357. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,120/mo property income instead of your personal income.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48383, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,532 (83.6%) |
| Renter Occupied HU | 677 (12.5%) |
| Vacant Housing Units | 209 ( 3.9%) |
| Median Home Value | $353,510 |
| Average Home Value | $346,839 |
Housing Distribution
Address Breakdown
Residential
5,174
Single Family
5,174
Multi-Family
0
Businesses
72
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Listed by: Stacy L Burt • Lakes Realty LLC
Mls Name: Realcomp II
Mls ID: #20251039307