9008 Sussex StWhite LakeMI48386
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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 9008 Sussex St, White Lake, MI, 48386 listed at $405,000 pairs $3,554/mo rent with a $1,982/mo payment to leave $884/mo cash flow. Total monthly income runs $3,554/mo, and annual cash flow reaches $10,602/yr on $134,258 cash to close. Return on cash invested measures 27.81% in year one, and rental yield registers 10.53% at a $405,000 basis. Equity gained on principal adds $2,613/yr, and annual property appreciation at 5% supports $111,894 by year five. Five-year ROI tracks 145.72% and total cumulative return in cash totals $195,638. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,554/mo property income relative to a $1,982/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1991
0.34 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: Kevin Cousino • National Realty Centers, Inc
Mls Name: Realcomp II
Mls ID: #20261005125