2842 High Winds LnOaklandMI48363
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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 Oakland at 2842 High Winds Ln, Oakland, MI, 48363 offers a 6.96% rental yield on a $634,900 purchase with $3,680/mo rent. 15% in year one. Equity gained on principal adds $4,097/yr while 5% annual appreciation supports $175,411 over five years. Portfolio math shows five-year ROI at 88.53% and total cumulative return in cash at $184,921. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,680/mo property income against a $3,108/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
4.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48363, Oakland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,551 (95.4%) |
| Renter Occupied HU | 86 ( 3.2%) |
| Vacant Housing Units | 38 ( 1.4%) |
| Median Home Value | $576,031 |
| Average Home Value | $594,939 |
Housing Distribution
Address Breakdown
Residential
2,650
Single Family
2,298
Multi-Family
352
Businesses
15
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