Chesapeake Plan, HartlandHartlandMI48353
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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
Rental property for sale in Hartland at Chesapeake Plan, Hartland, Hartland, MI, 48353 generates $2,475/mo in rent and, after a $1,727/mo payment, leaves $148/mo in cash flow. Total monthly income is $2,475/mo, and annual cash flow is $1,780/yr on $116,937 invested. Return on cash invested sits at 21.43% in year one, and rental yield is 8.42% on a $352,750 entry. Equity gained on principal adds $2,276/yr, while 5% annual appreciation builds toward $97,458 over five years. Five-year ROI reaches 111.56% and total cumulative return in cash sums $130,453. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,475/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48353, Hartland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,806 (100%) |
| Owner Occupied HU | 2,421 (86.3%) |
| Renter Occupied HU | 183 ( 6.5%) |
| Vacant Housing Units | 202 ( 7.2%) |
| Median Home Value | $389,725 |
| Average Home Value | $406,369 |
Housing Distribution
Address Breakdown
Residential
2,472
Single Family
2,472
Multi-Family
0
Businesses
308
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