8000 Warren Woods Rd #122Three 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 Woods Rd #122, Three Oaks, MI, 49128 earns $659/mo cash flow from $2,200/mo rent with a $732/mo payment. Total monthly income totals $2,200/mo, and annual cash flow totals $7,906/yr on $49,559 capital. ROI tracks 35.86% on current figures, and rental yield reads 17.66% at a $149,500 purchase. Equity gained on principal adds $965/yr, and 5% annual appreciation supports $41,304 over five years. Five-year ROI reaches 193.81% and total cumulative return in cash sums $96,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,200/mo property income instead of your personal income.
Manufactured
Built in 2022
N/A lot
$N/A/sqft
$555 monthly 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: Phyllis M Palmer • Cressy & Everett Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #24028616
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.