8993 Haymarket StWhite LakeMI48386
Nearby investment properties with comparable rents
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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 White Lake at 8993 Haymarket St, White Lake, MI, 48386 earns $1,037/mo cash flow from $4,334/mo rent with a $2,447/mo payment. Total monthly income totals $4,334/mo, and annual cash flow totals $12,446/yr on $165,717 capital. ROI tracks 27.42% on current figures, and rental yield reads 10.4% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 143.67% and total cumulative return in cash sums $238,080. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,334/mo property income instead of your personal income.
Single Family
Built in 2003
0.42 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
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Listed by: Paul Corona • 3DX Real Estate LLC Troy
Mls Name: Realcomp II
Mls ID: #20251041557