Parker Plan, HartlandHartlandMI48353
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Parker Plan, Hartland, Hartland, MI, 48353 priced at $360,400 converts $3,260/mo rent into $883/mo cash flow after a $1,764/mo obligation. Total monthly income equals $3,260/mo, and annual cash flow totals $10,600/yr on $119,473 invested. Return on cash invested prints 28.78% in year one, and rental yield reads 10.85% against a $360,400 entry. Equity gained on principal adds $2,326/yr, while 5% annual appreciation compiles into $99,572 by year five. Five-year ROI reaches 150.97% and total cumulative return in cash sums $180,363. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,260/mo property income covering a $1,764/mo payment, not borrower’s personal income.
Single Family
Built in 2026
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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