3145 Cedar Lake Rd, Howell, MI, 48843 | 4.78% 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

Investment property for sale in Howell at 3145 Cedar Lake Rd, Howell, MI, 48843 earns from $2,131/mo rent with a $2,619/mo payment. Total monthly income totals $2,131/mo. ROI tracks 10.53% on current figures, and rental yield reads 4.78% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 53.08% and total cumulative return in cash sums $93,424. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,131/mo property income instead of your personal income.

Single Family

Built in 1940

35.90 Acres lot

$N/A/sqft

No 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