1449 GleneaglesHighlandMI48357
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1449 Gleneagles, Highland, MI, 48357 in Highland hard to pass up. The 10.97% gross yield on a $799,900 purchase results in $7,310/mo in rent and $2,035/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (2.03). Annual cash flow of $24,426, five-year appreciation of $220,998, and $7,367/yr in equity build-up combine for a projected total cumulative return of $435,706.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 7.1% |
| Monthly Cash Flow | $2,035 | $800 |
City averages based on Highland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $7,310 |
| Total Monthly Debt Service | $4,957 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
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
Single Family
Built in 1996
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices