427 Rosario LnWhite LakeMI48386
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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
Rental property for sale in White Lake at 427 Rosario Ln, White Lake, MI, 48386 priced at $485,000 converts $3,928/mo rent into $730/mo cash flow after a $2,374/mo obligation. Total monthly income equals $3,928/mo, and annual cash flow totals $8,754/yr on $160,778 invested. Return on cash invested prints 25.35% in year one, and rental yield reads 9.72% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 132.57% and total cumulative return in cash sums $213,146. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,928/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.36 Acres 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
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Listed by: Jonathan Minerick • HomeCoin.com
Mls Name: MiRealSource
Mls ID: #50185631