6105 Jasmine Dr, Walled Lake, MI, 48390 | $587/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Walled Lake at 6105 Jasmine Dr, Walled Lake, MI, 48390 listed at $309,900 pairs $3,026/mo rent with a $1,517/mo payment to leave $587/mo cash flow. Total monthly income runs $3,026/mo, and annual cash flow reaches $7,046/yr on $102,732 cash to close. Return on cash invested measures 26.77% in year one, and rental yield registers 11.72% at a $309,900 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,620 by year five. Five-year ROI tracks 141.86% and total cumulative return in cash totals $145,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,026/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2004

39.26 Acres lot

$N/A/sqft

$395 monthly 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