2329 N Duck Lake RdHighlandMI48356
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
Investment Highlights
Investment property for sale in Highland at 2329 N Duck Lake Rd, Highland, MI, 48356 earns $815/mo cash flow from $2,430/mo rent with a $1,199/mo payment. Total monthly income totals $2,430/mo, and annual cash flow totals $9,774/yr on $81,218 capital. ROI tracks 31.94% on current figures, and rental yield reads 11.9% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Five-year ROI reaches 167.92% and total cumulative return in cash sums $136,380. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,430/mo property income instead of your personal income.
Single Family
Built in 1971
9,147 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices