172 Garden Ct, Whitmore Lake, MI, 48189 | $16/mo Cash Flow

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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

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Investment Highlights

Rental property for sale in Whitmore Lake at 172 Garden Ct, Whitmore Lake, MI, 48189 offers $2,250/mo rent that, after a $1,625/mo payment, leaves $16/mo cash flow. Total monthly income is $2,250/mo, and annual cash flow is $191/yr on $110,058 cash. Return on cash invested measures 20.08% in year one, and rental yield stands at 8.13% at a $332,000 entry. Equity gained on principal adds $2,142/yr while 5% annual appreciation compounds into $91,725 by year five. Five-year ROI records 104.48% and total cumulative return in cash reaches $114,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,250/mo property income versus a $1,625/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1999

0.29 Acres lot

$N/A/sqft

$134 quarterly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48189, Whitmore Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,666 (100%)
Owner Occupied HU	5,337 (80.1%)
Renter Occupied HU	939 (14.1%)
Vacant Housing Units	390 ( 5.9%)
Median Home Value	$360,856
Average Home Value	$377,297