810 OakgroveHighlandMI48356
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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 Highland at 810 Oakgrove, Highland, MI, 48356 listed at $334,500 pairs $2,809/mo rent with a $1,637/mo payment to leave $583/mo cash flow. Total monthly income runs $2,809/mo, and annual cash flow reaches $6,990/yr on $110,887 cash to close. Return on cash invested measures 26.21% in year one, and rental yield registers 10.08% at a $334,500 basis. Equity gained on principal adds $2,158/yr, and annual property appreciation at 5% supports $92,416 by year five. Five-year ROI tracks 137.26% and total cumulative return in cash totals $152,203. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,809/mo property income relative to a $1,637/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.33 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48356, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,534 (100%) |
| Owner Occupied HU | 3,073 (87.0%) |
| Renter Occupied HU | 286 ( 8.1%) |
| Vacant Housing Units | 175 ( 5.0%) |
| Median Home Value | $390,420 |
| Average Home Value | $465,114 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,349
Multi-Family
72
Businesses
114
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