2048 Mayfair DrWhite LakeMI48383
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderFor first-time U.S. investors or those diversifying conservatively, 2048 Mayfair Dr, White Lake, MI, 48383 in White Lake offers a clean, manageable entry. Rental yield 7.85%. DSCR 1.45 qualifies for Ziffy Mortgage's no-W2 mortgage for non-U.S. residents. Long-term: 5% annual appreciation projects $152,646 in additional property value over five years, with $5,089/yr in principal equity building ownership stake. Total projected cumulative return: $207,035.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 6.2% |
| Monthly Cash Flow | $(55) | $750 |
City averages based on White Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,613 |
| Total Monthly Debt Service | $3,449 |
| DSCR Ratio | 1.05x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1992
1.02 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48383, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,532 (83.6%) |
| Renter Occupied HU | 677 (12.5%) |
| Vacant Housing Units | 209 ( 3.9%) |
| Median Home Value | $353,510 |
| Average Home Value | $346,839 |
Housing Distribution
Address Breakdown
Residential
5,174
Single Family
5,174
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1992
1.02 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48383, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,532 (83.6%) |
| Renter Occupied HU | 677 (12.5%) |
| Vacant Housing Units | 209 ( 3.9%) |
| Median Home Value | $353,510 |
| Average Home Value | $346,839 |
Housing Distribution
Address Breakdown
Residential
5,174
Single Family
5,174
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katherine Nolff • The Brokerage Real Estate Enthusiasts
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251009574
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-11-04 02:16:32 PST Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702