2332 Gilder, Howell, MI, 48843 | 7.35% Rental Yield

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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

Total monthly income runs $2,473/mo, and a $1,977/mo payment. Purchase price stands at $403,973, and rental yield measures 7.35% with $2,473/mo rent. Return on cash invested shows 15.38% in year one, and 5% annual appreciation builds toward $111,610 over five years. Five-year ROI reaches 80.12% and total cumulative return in cash records $107,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,977/mo payment rather than investor’s personal income.

Condo

Built in 2025

N/A lot

$N/A/sqft

$315 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48843, Howell, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,156 (100%)
Owner Occupied HU	15,805 (78.4%)
Renter Occupied HU	3,715 (18.4%)
Vacant Housing Units	636 ( 3.2%)
Median Home Value	$367,579
Average Home Value	$397,756