895 S Pontiac Trl APT 203Walled LakeMI48390
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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 Walled Lake at 895 S Pontiac Trl APT 203, Walled Lake, MI, 48390 uses $63,814 cash to close to unlock $201/yr annual cash flow and $17/mo monthly cash flow. Total monthly income runs $1,586/mo, and a $942/mo payment keeps the spread at $17/mo. Purchase price stands at $192,500, and rental yield measures 9.89% with $1,586/mo rent. Return on cash invested shows 20.22% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 107.12% and total cumulative return in cash records $68,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,586/mo property income covering a $942/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48390, Walled Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,991 (100%) |
| Owner Occupied HU | 8,674 (72.3%) |
| Renter Occupied HU | 2,906 (24.2%) |
| Vacant Housing Units | 411 ( 3.4%) |
| Median Home Value | $342,215 |
| Average Home Value | $420,174 |
Housing Distribution
Address Breakdown
Residential
11,518
Single Family
11,071
Multi-Family
447
Businesses
1,155
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Listed by: N/A • N/A
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