5075 Allingham DrWhite LakeMI48383
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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
Investment property for sale in White Lake at 5075 Allingham Dr, White Lake, MI, 48383 uses $81,218 cash to close to unlock $8,286/yr annual cash flow and $691/mo monthly cash flow. Total monthly income runs $2,306/mo, and a $1,199/mo payment keeps the spread at $691/mo. Purchase price stands at $245,000, and rental yield measures 11.29% with $2,306/mo rent. Return on cash invested shows 30.11% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 158.11% and total cumulative return in cash records $128,412. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,306/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1971
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48383, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,418 (100%) |
| Owner Occupied HU | 4,532 (83.6%) |
| Renter Occupied HU | 677 (12.5%) |
| Vacant Housing Units | 209 ( 3.9%) |
| Median Home Value | $353,510 |
| Average Home Value | $346,839 |
Housing Distribution
Address Breakdown
Residential
5,174
Single Family
5,174
Multi-Family
0
Businesses
72
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Listed by: Autumn Belhart • RE/MAX Platinum
Mls Name: MichRIC
Mls ID: #25041404