3801 Tara DrHighlandMI48356
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3801 Tara Dr, Highland, MI, 48356 in Highland speaks for itself: 10.92% gross on a $400,000 price, generating $3,638/mo in rent and $994/mo in net income after the $1,799/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $11,923 stacks alongside $110,513 in projected five-year appreciation and $3,684/yr in principal reduction. Projected total cumulative return: $216,718.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 7.1% |
| Monthly Cash Flow | $994 | $800 |
City averages based on Highland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,638 |
| Total Monthly Debt Service | $2,479 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
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
Single Family
Built in 1973
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices