2160 Dean DrHighlandMI48356
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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 Highland at 2160 Dean Dr, Highland, MI, 48356 uses $140,854 cash to close to unlock $8,300/yr annual cash flow and $692/mo monthly cash flow. Total monthly income runs $3,494/mo, and a $2,080/mo payment keeps the spread at $692/mo. Purchase price stands at $424,900, and rental yield measures 9.87% with $3,494/mo rent. Return on cash invested shows 25.8% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 134.97% and total cumulative return in cash records $190,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,494/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
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