8000 Warren Wood Crabapple Ln #132Three OaksMI49128
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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 Three Oaks at 8000 Warren Wood Crabapple Ln #132, Three Oaks, MI, 49128 uses $48,068 cash to close to unlock $2,322/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $1,150/mo, and a $710/mo payment keeps the spread at $194/mo. Purchase price stands at $145,000, and rental yield measures 9.52% with $1,150/mo rent. Return on cash invested shows 24.74% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 129.34% and total cumulative return in cash records $62,168. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,150/mo property income covering a $710/mo payment rather than investor’s personal income.
Manufactured
Built in 2004
1,624 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49128, Three Oaks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,088 (100%) |
| Owner Occupied HU | 1,284 (61.5%) |
| Renter Occupied HU | 234 (11.2%) |
| Vacant Housing Units | 570 (27.3%) |
| Median Home Value | $319,149 |
| Average Home Value | $402,960 |
Housing Distribution
Address Breakdown
Residential
1,742
Single Family
1,701
Multi-Family
41
Businesses
112
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Listed by: Robert Hansen • Lakewood Estates MHP,LLC
Mls Name: My State MLS
Mls ID: #11622057