4284 Highpoint DrWaylandMI49348
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 Wayland at 4284 Highpoint Dr, Wayland, MI, 49348 listed at $312,500 pairs $1,324/mo rent with a $1,530/mo payment. Total monthly income runs $1,324/mo. Return on cash invested measures 8.7% in year one, and rental yield registers 5.08% at a $312,500 basis. Equity gained on principal adds $2,017/yr, and annual property appreciation at 5% supports $86,338 by year five. Five-year ROI tracks 44.25% and total cumulative return in cash totals $45,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,324/mo property income relative to a $1,530/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
N/A lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49348, Wayland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,099 (100%) |
| Owner Occupied HU | 4,611 (75.6%) |
| Renter Occupied HU | 1,091 (17.9%) |
| Vacant Housing Units | 397 ( 6.5%) |
| Median Home Value | $292,402 |
| Average Home Value | $347,766 |
Housing Distribution
Address Breakdown
Residential
5,778
Single Family
5,133
Multi-Family
645
Businesses
388
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
