8020 Mason LnWhitmore LakeMI48189
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid, durable, and financeable, 8020 Mason Ln, Whitmore Lake, MI, 48189 in Whitmore Lake earns a 8.66% gross yield at $475,000. Rent of $3,426/mo nets $277/mo after the $2,136/mo mortgage. The 1.60 DSCR signals clean DSCR underwriting through Ziffy Mortgage, with no personal income verification required. Five-year value growth of $131,234 and $4,375/yr in equity accumulation project a total cumulative return of $198,830.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 7.2% |
| Monthly Cash Flow | $277 | $350 |
City averages based on Whitmore Lake market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,426 |
| Total Monthly Debt Service | $2,960 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
5.01 Acres lot
$N/A/sqft
$200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1979
5.01 Acres lot
$N/A/sqft
$200 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mildred Matthews • More Group Michigan, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021241
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.