18 Willow Pointe DrFreelandMI48623
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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 Freeland at 18 Willow Pointe Dr, Freeland, MI, 48623 at $295,000 posts ROI 28.55% with $705/mo cash flow from $2,975/mo rent. Total monthly income equals $2,975/mo, and annual cash flow records $8,454/yr on $97,793 to close. Return on cash invested measures 28.55% and rental yield reads 12.1% at the current $295,000. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 by year five. Five-year ROI prints 151.19% and total cumulative return in cash totals $147,854.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,975/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1999
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48623, Freeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,439 (100%) |
| Owner Occupied HU | 4,603 (84.6%) |
| Renter Occupied HU | 598 (11.0%) |
| Vacant Housing Units | 238 ( 4.4%) |
| Median Home Value | $283,821 |
| Average Home Value | $326,566 |
Housing Distribution
Address Breakdown
Residential
5,234
Single Family
5,234
Multi-Family
0
Businesses
330
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Listed by: Brooke Leigeb • Ayre Rhinehart Real Estate Partners
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50154689
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.