8162 Rene DrWhite LakeMI48386
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
Investment Highlights
Investment property for sale in White Lake at 8162 Rene Dr, White Lake, MI, 48386 uses $140,888 cash to close to unlock $10,422/yr annual cash flow and $869/mo monthly cash flow. Total monthly income runs $3,671/mo, and a $2,080/mo payment keeps the spread at $869/mo. Purchase price stands at $425,000, and rental yield measures 10.37% with $3,671/mo rent. Return on cash invested shows 27.31% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 143.05% and total cumulative return in cash records $201,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,671/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48386, White Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,855 (100%) |
| Owner Occupied HU | 6,505 (82.8%) |
| Renter Occupied HU | 965 (12.3%) |
| Vacant Housing Units | 385 ( 4.9%) |
| Median Home Value | $372,950 |
| Average Home Value | $397,910 |
Housing Distribution
Address Breakdown
Residential
7,783
Single Family
7,384
Multi-Family
399
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Wasson • Blue Heron Realty
Mls Name: Realcomp II
Mls ID: #20251039780