1570 Addison Cir #A0Y2OUWalled LakeMI48390
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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 Walled Lake at 1570 Addison Cir #A0Y2OU, Walled Lake, MI, 48390 earns $568/mo cash flow from $3,632/mo rent with a $2,274/mo payment. Total monthly income totals $3,632/mo, and annual cash flow totals $6,818/yr on $154,015 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.38% at a $464,600 purchase. Equity gained on principal adds $2,998/yr, and 5% annual appreciation supports $128,360 over five years. Five-year ROI reaches 127.14% and total cumulative return in cash sums $195,810. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,632/mo property income instead of your personal income.
Townhouse
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: N/A • N/A
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Mls ID: #N/A