2383 Estates DrHighlandMI48357
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 2383 Estates Dr, Highland, MI, 48357 offers a 6.5% rental yield on a $483,250 purchase with $2,616/mo rent. 64% in year one. Equity gained on principal adds $3,118/yr while 5% annual appreciation supports $133,513 over five years. Portfolio math shows five-year ROI at 80.46% and total cumulative return in cash at $128,897. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,616/mo property income against a $2,365/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.58 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices