9198 Ashdown AveWhite 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 9198 Ashdown Ave, White Lake, MI, 48386 listed at $324,900 pairs $2,999/mo rent with a $1,590/mo payment to leave $857/mo cash flow. Total monthly income runs $2,999/mo, and annual cash flow reaches $10,280/yr on $107,704 cash to close. Return on cash invested measures 29.45% in year one, and rental yield registers 11.08% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 154.56% and total cumulative return in cash totals $166,469. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,999/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.28 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: Christine M Atkinson • EXP Realty Main
Mls Name: Realcomp II
Mls ID: #20251055135