1429 Glass Lake CirOxfordMI48371
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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 Oxford at 1429 Glass Lake Cir, Oxford, MI, 48371 listed at $620,000 pairs $4,568/mo rent with a $3,035/mo payment to leave $479/mo cash flow. Total monthly income runs $4,568/mo, and annual cash flow reaches $5,748/yr on $203,980 cash to close. Return on cash invested measures 22.88% in year one, and rental yield registers 8.84% at a $620,000 basis. Equity gained on principal adds $4,001/yr, and annual property appreciation at 5% supports $171,295 by year five. Five-year ROI tracks 119.26% and total cumulative return in cash totals $243,267. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,568/mo property income relative to a $3,035/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48371, Oxford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,091 (100%) |
| Owner Occupied HU | 8,375 (83.0%) |
| Renter Occupied HU | 1,402 (13.9%) |
| Vacant Housing Units | 314 ( 3.1%) |
| Median Home Value | $387,853 |
| Average Home Value | $429,399 |
Housing Distribution
Address Breakdown
Residential
9,948
Single Family
9,091
Multi-Family
857
Businesses
641
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