2048 Hidden Meadows Dr UNIT D, Walled Lake, MI, 48390 | $348/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

Investment property for sale in Walled Lake at 2048 Hidden Meadows Dr UNIT D, Walled Lake, MI, 48390 offers a 11.97% rental yield on a $180,000 purchase with $1,795/mo rent. Total monthly income registers $1,795/mo, and a $881/mo payment leaves $348/mo available for distribution. Annual cash flow reaches $4,171/yr on $59,670 to close, and return on cash invested stands at 26.9% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 142.79% and total cumulative return in cash at $85,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,795/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1985

12.83 Acres lot

$N/A/sqft

$240 monthly 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