1408 Whitehaven CtOwossoMI48867
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 Owosso at 1408 Whitehaven Ct, Owosso, MI, 48867 earns $76/mo cash flow from $1,476/mo rent with a $1,027/mo payment. Total monthly income totals $1,476/mo, and annual cash flow totals $913/yr on $69,582 capital. ROI tracks 21.22% on current figures, and rental yield reads 8.44% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 110.57% and total cumulative return in cash sums $76,940. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,476/mo property income instead of your personal income.
Single Family
Built in 1967
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48867, Owosso, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,293 (100%) |
| Owner Occupied HU | 8,382 (68.2%) |
| Renter Occupied HU | 3,189 (25.9%) |
| Vacant Housing Units | 722 ( 5.9%) |
| Median Home Value | $165,494 |
| Average Home Value | $198,462 |
Housing Distribution
Address Breakdown
Residential
11,929
Single Family
10,663
Multi-Family
1,266
Businesses
931
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Listed by: Kori Shook • Kori Shook & Associates
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171673
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