227 Fairmount St, Whitmore Lake, MI, 48189 | $343/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

Rental property for sale in Whitmore Lake at 227 Fairmount St, Whitmore Lake, MI, 48189 priced at $395,000 converts $2,947/mo rent into $343/mo cash flow after a $1,933/mo obligation. Total monthly income equals $2,947/mo, and annual cash flow totals $4,110/yr on $130,943 invested. Return on cash invested prints 23.05% in year one, and rental yield reads 8.95% against a $395,000 entry. Equity gained on principal adds $2,549/yr, while 5% annual appreciation compiles into $109,131 by year five. Five-year ROI reaches 120.21% and total cumulative return in cash sums $157,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,947/mo property income covering a $1,933/mo payment, not borrower’s personal income.

Multi Family

Built in 1977

0.32 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48189, Whitmore Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,666 (100%)
Owner Occupied HU	5,337 (80.1%)
Renter Occupied HU	939 (14.1%)
Vacant Housing Units	390 ( 5.9%)
Median Home Value	$360,856
Average Home Value	$377,297