38 Marlene Ct #38White LakeMI48386
Nearby investment properties with comparable rents
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 White Lake at 38 Marlene Ct #38, White Lake, MI, 48386 offers a 9.11% rental yield on a $124,995 purchase with $949/mo rent. Total monthly income registers $949/mo, and a $612/mo payment leaves $125/mo available for distribution. Annual cash flow reaches $1,494/yr on $41,436 to close, and return on cash invested stands at 23.51% in year one. Equity gained on principal adds $807/yr while 5% annual appreciation supports $34,534 over five years. Portfolio math shows five-year ROI at 122.77% and total cumulative return in cash at $50,871. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $949/mo property income against a $612/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48386, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 6,505 (82.8%) |
| Renter Occupied HU | 965 (12.3%) |
| Vacant Housing Units | 385 ( 4.9%) |
| Median Home Value | $372,950 |
| Average Home Value | $397,910 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
7,384
Multi-Family
399
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sales Representative • N/A
Mls Name: MHBO
Mls ID: #578769