451 Gamma RdWalled LakeMI48390
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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 Walled Lake at 451 Gamma Rd, Walled Lake, MI, 48390 priced at $299,900 pairs $2,112/mo rent with $134/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,112/mo, and annual cash flow comes to $1,610/yr on $99,417 invested. Return on cash invested is 21.53% in year one, and rental yield stands at 8.45% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 112.1% and total cumulative return in cash reaches $111,448. For financing, Ziffy Mortgage’s DSCR program evaluates $2,112/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: Marie Sexton • KW Showcase Realty
Mls Name: Realcomp II
Mls ID: #20251037320