230 E Macgregor CtHighlandMI48357
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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 230 E Macgregor Ct, Highland, MI, 48357 with 5% annual appreciation on a $106,000 basis while $813/mo rent supports operations. Total monthly income totals $813/mo and a $519/mo payment preserves $114/mo for cash returns. Annual cash flow comes to $1,366/yr on $35,139 deployed, and return on cash invested reaches 23.8% in year one. Equity gained on principal adds $684/yr, and five-year appreciation sums $29,286 alongside rental yield of 9.2%. Five-year ROI measures 124.21% and total cumulative return in cash totals $43,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $813/mo property income versus a $519/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2022
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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