16208 Pine Lake Forest DrLindenMI48451
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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 Linden at 16208 Pine Lake Forest Dr, Linden, MI, 48451 earns $646/mo cash flow from $3,317/mo rent with a $1,958/mo payment. Total monthly income totals $3,317/mo, and annual cash flow totals $7,748/yr on $132,600 capital. ROI tracks 25.75% on current figures, and rental yield reads 9.95% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 134.82% and total cumulative return in cash sums $178,768. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,317/mo property income instead of your personal income.
Condo
Built in 2004
0.28 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48451, Linden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,742 (100%) |
| Owner Occupied HU | 5,828 (86.4%) |
| Renter Occupied HU | 535 ( 7.9%) |
| Vacant Housing Units | 379 ( 5.6%) |
| Median Home Value | $300,495 |
| Average Home Value | $344,425 |
Housing Distribution
Address Breakdown
Residential
6,442
Single Family
6,442
Multi-Family
0
Businesses
260
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