The Austin Plan, BroadmoorOceola TownshipMI48843
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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 Oceola Township at The Austin Plan, Broadmoor, Oceola Township, MI, 48843 with 5% annual appreciation on a $446,990 basis while $4,194/mo rent supports operations. Total monthly income totals $4,194/mo and a $2,188/mo payment preserves $1,246/mo for cash returns. Annual cash flow comes to $14,953/yr on $148,177 deployed, and return on cash invested reaches 30% in year one. Equity gained on principal adds $2,884/yr, and five-year appreciation sums $123,495 alongside rental yield of 11.26%. Five-year ROI measures 157.52% and total cumulative return in cash totals $233,409.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,194/mo property income versus a $2,188/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48843, Howell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,156 (100%) |
| Owner Occupied HU | 15,805 (78.4%) |
| Renter Occupied HU | 3,715 (18.4%) |
| Vacant Housing Units | 636 ( 3.2%) |
| Median Home Value | $367,579 |
| Average Home Value | $397,756 |
Housing Distribution
Address Breakdown
Residential
19,681
Single Family
18,246
Multi-Family
1,435
Businesses
1,098
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Listed by: N/A • Lombardo Homes Michigan
Mls Name: Lombardo Homes
Mls ID: #N/A