2710 Kitty Hawk CircleMidlandMI48642
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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 Midland at 2710 Kitty Hawk Circle, Midland, MI, 48642 earns $115/mo cash flow from $2,218/mo rent with a $1,561/mo payment. Total monthly income totals $2,218/mo, and annual cash flow totals $1,376/yr on $105,749 capital. ROI tracks 21.21% on current figures, and rental yield reads 8.34% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 110.36% and total cumulative return in cash sums $116,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,218/mo property income instead of your personal income.
Condo
Built in 2015
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48642, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,273 (100%) |
| Owner Occupied HU | 10,847 (71.0%) |
| Renter Occupied HU | 3,491 (22.9%) |
| Vacant Housing Units | 935 ( 6.1%) |
| Median Home Value | $218,575 |
| Average Home Value | $275,267 |
Housing Distribution
Address Breakdown
Residential
14,670
Single Family
13,366
Multi-Family
1,304
Businesses
580
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