Morningside Plan, Oakland HuntOakland TownshipMI48363
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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 Oakland Township at Morningside Plan, Oakland Hunt, Oakland Township, MI, 48363 priced at $777,900 pairs $5,700/mo rent with $406/mo cash flow after a $3,807/mo payment. Total monthly income equals $5,700/mo, and annual cash flow comes to $4,867/yr on $255,929 invested. Return on cash invested is 21.96% in year one, and rental yield stands at 8.79% on a $777,900 basis. Equity gained on principal adds $5,020/yr, and 5% annual appreciation accumulates to $214,919 by year five. Five-year ROI measures 114.63% and total cumulative return in cash reaches $293,381. For financing, Ziffy Mortgage’s DSCR program evaluates $5,700/mo property income against a $3,807/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
$165 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48363, Oakland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,675 (100%) |
| Owner Occupied HU | 2,551 (95.4%) |
| Renter Occupied HU | 86 ( 3.2%) |
| Vacant Housing Units | 38 ( 1.4%) |
| Median Home Value | $576,031 |
| Average Home Value | $594,939 |
Housing Distribution
Address Breakdown
Residential
2,650
Single Family
2,298
Multi-Family
352
Businesses
15
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Listed by: Grace Evola • MJC Companies
Mls Name: MJC Companies
Mls ID: #N/A