6250 Buckshore DrWhitmore LakeMI48189
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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
Total monthly income runs $2,434/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 6.87% with $2,434/mo rent. Return on cash invested shows 16.6% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 85.7% and total cumulative return in cash records $120,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,434/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1940
3,484 sqft lot
$N/A/sqft
$235 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48189, Whitmore Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,666 (100%) |
| Owner Occupied HU | 5,337 (80.1%) |
| Renter Occupied HU | 939 (14.1%) |
| Vacant Housing Units | 390 ( 5.9%) |
| Median Home Value | $360,856 |
| Average Home Value | $377,297 |
Housing Distribution
Address Breakdown
Residential
5,800
Single Family
5,800
Multi-Family
0
Businesses
312
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Listed by: Erin Cicero • Howard Hanna Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25000168
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.