216 Norman Dr Plan, Highland Greens EstatesHighlandMI48357
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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
Investment Highlights
Investment property for sale in Highland at 216 Norman Dr Plan, Highland Greens Estates, Highland, MI, 48357 at $107,995 posts ROI 23.54% with $108/mo cash flow from $821/mo rent. Total monthly income equals $821/mo, and annual cash flow records $1,301/yr on $35,800 to close. Return on cash invested measures 23.54% and rental yield reads 9.12% at the current $107,995. Equity gained on principal adds $697/yr, and 5% annual appreciation supports $29,837 by year five. Five-year ROI prints 122.93% and total cumulative return in cash totals $44,010.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $821/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
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