345 Winterberry LnOkemosMI48864
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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
Total monthly income runs $4,230/mo, and a $3,421/mo payment. Purchase price stands at $699,000, and rental yield measures 7.26% with $4,230/mo rent. Return on cash invested shows 18.08% in year one, and 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 93.54% and total cumulative return in cash records $215,114. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,230/mo property income covering a $3,421/mo payment rather than investor’s personal income.
Single Family
Built in 1984
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48864, Okemos, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,559 (100%) |
| Owner Occupied HU | 6,293 (65.8%) |
| Renter Occupied HU | 2,783 (29.1%) |
| Vacant Housing Units | 483 ( 5.1%) |
| Median Home Value | $358,401 |
| Average Home Value | $397,029 |
Housing Distribution
Address Breakdown
Residential
9,606
Single Family
8,361
Multi-Family
1,245
Businesses
850
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