295 Fairmount Dr, Whitmore Lake, MI, 48189 | $131/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Whitmore Lake at 295 Fairmount Dr, Whitmore Lake, MI, 48189 listed at $299,900 pairs $2,122/mo rent with a $1,468/mo payment to leave $131/mo cash flow. Total monthly income runs $2,122/mo, and annual cash flow reaches $1,570/yr on $99,417 cash to close. Return on cash invested measures 21.49% in year one, and rental yield registers 8.49% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 111.9% and total cumulative return in cash totals $111,244. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,122/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1970

0.32 Acres lot

$N/A/sqft

$160 annually HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48189, Whitmore Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,666 (100%)
Owner Occupied HU	5,337 (80.1%)
Renter Occupied HU	939 (14.1%)
Vacant Housing Units	390 ( 5.9%)
Median Home Value	$360,856
Average Home Value	$377,297