2351 Hiddenview Dr · Berlin, MI
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
- —
Fire risk No data
- Est. fire insurance / yr
- —
Heat risk No data
- Hot days now (above threshold)
- —
- Hot days in 30 yrs
- —
Wind risk No data
- Chance of severe wind over 30 yrs
- —
Air-quality risk No data
- Unhealthy air days now
- —
- Unhealthy air days in 30 yrs
- —
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- ARV discount +7.5/15.0
- Schools +3.7/10.0
- Rent growth +2.5/5.0
- Livability +2.5/5.0
- Condition / age +2.5/5.0
- Appreciation +0.0/10.0
$69,900
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Set on a desirable corner lot in the Newport Farms community, this impressive ranch-style manufactured home delivers space, comfort, and a truly exceptional layout. Step inside to a spacious living room that flows seamlessly into the formal dining room - perfect for everyday living or entertaining. The huge island kitchen is a chef's dream, featuring abundant cabinetry and generous counter space. Just off the kitchen, the breakfast nook offers a door wall leading to the backyard deck, making indoor–outdoor living effortless. The expansive family room is sure to be a favorite, highlighted by a stunning floor-to-ceiling stone fireplace that creates a warm, inviting focal point. The primary suite is a private retreat with a large bedroom, an oversized walk-in closet complete with organizers and built-in drawers, and a well-appointed en suite bath. Enjoy a double vanity, large soaking tub, dressing table with extra cabinetry, plus a separate area with a shower, toilet, and an oversized linen storage center. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Recent updates include a newer roof and carpet, adding peace of mind and move-in readiness. Outside, the fenced backyard features a large deck and shed - ideal for relaxing or entertaining. A playground and park are conveniently located across the street, along with extra guest parking. Lot rent is $579.75 a month including trash and other fees. This home truly has it all and will absolutely wow you. Don't miss your chance - schedule your private showing today!
Key facts
- Breakfast nook
- Double vanity
- Island kitchen
Tags
Property features AI
Finance
- Other: Pets allowed with breed restrictions; contact for details
- HOA & community: Association trash service included
Exterior
- Parking: No garage; Parking pad; Assigned parking
- Security: Smoke detector(s)
- Utilities: Public water; Public sewer; Circuit breakers with 220V; Cable available; Underground utilities
- Home design: Single-family residence; One story; Ground-level entry with steps; Vinyl siding; Asphalt roof; Corner lot
- Construction: Vinyl siding construction; Pillar/post/pier foundation; Built with asphalt roofing
- Exterior features: Deck; Porch; Fenced backyard; Paved private road access; Private maintained road; Sidewalks (community)
Interior
- Kitchen: Dishwasher; Free-standing gas range; Free-standing refrigerator; Range hood
- Bathrooms: 2 full bathrooms
- Heating & cooling: Central air; Ceiling fans; Forced air heating; Natural gas heat
- Interior features: Dishwasher; Free-standing gas range; Free-standing refrigerator; Range hood; Gas water heater; Wood-burning fireplace in the family room; Smoke detector(s)
- Laundry & utility: Dedicated laundry room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $70k.
Deal economics
- At list price, monthly cash flow is $543 ($7k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $70k).
- Recommended offer: $64k (9.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads: area grade B — affects rentability + tenant quality, not the cash-flow math above.
- Airport Community Schools (rural): math 38% / reading 46% proficiency, ranked #170 of 540 in MI (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 80 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 264 units permitted in Monroe County in 2024 (40 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $483 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- Monroe County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
- At projected returns (-3.0% appreciation + 3.0% rent growth), your $20k cash investment doubles in ~4 years — after that, you're playing with house money.
Negotiation context
- It's been on market 116 days — a 9% lower offer ($64k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Questions for the listing agent
- It's been on market 116 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.86% ✓
- Cap rate
- 15.62%
- Cash-on-cash
- 33.30%
- DSCR
- 2.48
- GRM
- 4.5
CMA / ARV
- ARV (on-the-fly)
- $291,006
- Comps found
- 12
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 9078 W Timberview Dr | 0.30mi | 3/2.0 | 1,848 (-3%) | 4mo | $50,000 | $27 | 78 |
| 2330 Charter Oak Ct | 0.24mi | 3/2.0 | 2,016 (+6%) | 2mo | $60,000 | $30 | 77 |
| 9010 Birch Pointe Dr | 0.54mi | 3/2.5 | 1,895 (-0%) | 2mo | $380,000 | $201 | 71 |
| 2074 Decoy Ln | 0.33mi | 3/2.0 | 1,792 (-6%) | 12mo | $65,000 | $36 | 65 |
| 9166 Birch Pointe Dr | 0.45mi | 4/2.5 (+1) | 1,873 (-2%) | 12mo | $373,900 | $200 | 60 |
| 9109 Maple Ridge DR Dr | 0.60mi | 4/2.5 (+1) | 1,899 (-0%) | 9mo | $290,000 | $153 | 58 |
| 9080 Greentree Dr | 0.25mi | 4/2.0 (+1) | 2,128 (+12%) | 11mo | $58,000 | $27 | 55 |
| 9005 Birch Pointe Dr | 0.56mi | 4/2.5 (+1) | 1,783 (-6%) | 3mo | $325,000 | $182 | 54 |
| 9075 Water Ridge Dr | 0.35mi | 3/2.0 | 1,664 (-12%) | 12mo | $59,000 | $35 | 52 |
| 9363 Olde Hickory Ln | 0.55mi | 4/2.5 (+1) | 1,804 (-5%) | 9mo | $365,000 | $202 | 51 |
| 1983 Oak St | 0.68mi | 3/2.0 | 1,680 (-12%) | 1mo | $52,000 | $31 | 48 |
| 2797 E Labo Rd N | 0.72mi | 3/2.0 | 1,680 (-12%) | 0mo | $331,000 | $197 | 47 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 28.5%
- Equity multiple
- 2.19×
- Total profit
- $23,286
- Equity at exit
- $10,422
- IRR
- 36.0%
- Equity multiple
- 4.32×
- Total profit
- $64,901
- Equity at exit
- $6,044
Cash invested: $19,572 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 62 Landlord-Friendly
- State Michigan
- 62 Landlord-Friendly · EVEN
- County
- — inherits STATE
- City
- — inherits STATE
ZIP-level market 48166
- Active inventory
- 80
- Price-to-rent
- 4.5×
Monthly cashflow live
- Estimated rent
- $1,299 medium interval (Pro) →
- Mortgage (P&I)
- −$367
- Tax est. 1.5%
- −$87 /mo · $1,048/yr
- Insurance
- −$29
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$273
- Net cashflow
- $543
Break-even live
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $17,475
- Closing costs
- $2,097
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 1 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| Paree St Frenchtown Charter Twp, MI | 3.0 | 2.0 | 1184 | $1,299 | $1.10 | 5d | 1 | 1.25mi |
Listing history 16 events
-
2026-06-18days on market $69,900 Active 116 DOM
-
2026-06-17days on market $69,900 Active 115 DOM
-
2026-06-16days on market $69,900 Active 114 DOM
-
2026-06-15days on market $69,900 Active 113 DOM
-
2026-06-13days on market $69,900 Active 111 DOM
-
2026-06-13pricedays on market $69,900 Active 110 DOM
-
2026-06-09days on market $72,000 Active 107 DOM
-
2026-06-08days on market $72,000 Active 106 DOM
-
2026-06-07days on market $72,000 Active 105 DOM
-
2026-06-04days on market $72,000 Active 102 DOM
-
2026-06-03days on market $72,000 Active 101 DOM
-
2026-06-02days on market $72,000 Active 100 DOM
-
2026-06-01days on market $72,000 Active 99 DOM
-
2026-05-31days on market $72,000 Active 98 DOM
-
2026-02-22$72,000 Active
Show marketing remark (1605 chars)
Set on a desirable corner lot in the Newport Farms community, this impressive ranch-style manufactured home delivers space, comfort, and a truly exceptional layout. Step inside to a spacious living room that flows seamlessly into the formal dining room - perfect for everyday living or entertaining. The huge island kitchen is a chef's dream, featuring abundant cabinetry and generous counter space. Just off the kitchen, the breakfast nook offers a door wall leading to the backyard deck, making indoor–outdoor living effortless. The expansive family room is sure to be a favorite, highlighted by a stunning floor-to-ceiling stone fireplace that creates a warm, inviting focal point. The primary suite is a private retreat with a large bedroom, an oversized walk-in closet complete with organizers and built-in drawers, and a well-appointed en suite bath. Enjoy a double vanity, large soaking tub, dressing table with extra cabinetry, plus a separate area with a shower, toilet, and an oversized linen storage center. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Recent updates include a newer roof and carpet, adding peace of mind and move-in readiness. Outside, the fenced backyard features a large deck and shed - ideal for relaxing or entertaining. A playground and park are conveniently located across the street, along with extra guest parking. Lot rent is $579.75 a month including trash and other fees. This home truly has it all and will absolutely wow you. Don't miss your chance - schedule your private showing today!
-
2026-02-22$72,000 Active 1605-char remark
Show marketing remark (1605 chars)
Set on a desirable corner lot in the Newport Farms community, this impressive ranch-style manufactured home delivers space, comfort, and a truly exceptional layout. Step inside to a spacious living room that flows seamlessly into the formal dining room - perfect for everyday living or entertaining. The huge island kitchen is a chef's dream, featuring abundant cabinetry and generous counter space. Just off the kitchen, the breakfast nook offers a door wall leading to the backyard deck, making indoor–outdoor living effortless. The expansive family room is sure to be a favorite, highlighted by a stunning floor-to-ceiling stone fireplace that creates a warm, inviting focal point. The primary suite is a private retreat with a large bedroom, an oversized walk-in closet complete with organizers and built-in drawers, and a well-appointed en suite bath. Enjoy a double vanity, large soaking tub, dressing table with extra cabinetry, plus a separate area with a shower, toilet, and an oversized linen storage center. Two additional bedrooms share a full bath, providing comfortable accommodations for family or guests. Recent updates include a newer roof and carpet, adding peace of mind and move-in readiness. Outside, the fenced backyard features a large deck and shed - ideal for relaxing or entertaining. A playground and park are conveniently located across the street, along with extra guest parking. Lot rent is $579.75 a month including trash and other fees. This home truly has it all and will absolutely wow you. Don't miss your chance - schedule your private showing today!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,588
- − Mortgage interest
- −$3,915
- − Property taxes
- −$1,048
- − Insurance
- −$350
- − Repairs & maintenance
- −$1,247
- − Management
- −$1,247
- − Depreciation
- −$2,033
- Taxable income
- $5,747
- Est. tax owed @ 24.0%
- −$1,379
- After-tax cash flow
- $5,138/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Schools (NCES district)
- District
- Airport Community Schools
- NCES district ID
- 2601980
- Math proficiency
- 38% ▼ -1.00%
- Reading proficiency
- 46% ▼ -4.00%
- Median HH income
- $55,881
- Composite
- 36.69/100
- National rank
- #4601
- State rank
- #170 of 540 in MI
Livability — Berlin
No livability data for this city. (Only ~50 U.S. cities are tracked.)
Census & demographics
- Population (ZIP)
- 13,746
Population outlook (Monroe County) Hauer SSP2
- Today (2025)
- 144,439 people
- By 2030
- 140,033 · -3.1%
- By 2040
- 128,408 · -11.1%
- By 2050
- 115,024 · -20.4%
- By 2075
- 87,273 · -39.6%
- By 2100
- 63,110 · -56.3%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (88%)
- Race & ethnicity
- White 88% Two or more races 8% Hispanic / Latino 6% Black 2%
- Hispanic origin (detail)
- Mexican 5%
- Common ancestry
- Lithuanian 9% Romanian 9% Italian 2%
- Foreign-born
- 5% · Canada
- Languages at home
- 93% English-only · Spanish 3% Other Indo-European 1% Other Asian/Pacific 1%
Political lean MEDSL · Monroe
- 2024 margin
- Strong R (+27.1) · D 35.7% · R 62.9% · Other 1.4%
- 2008→2024 swing
- -31.5pp toward R · 2008: 4.3pp · 2024: -27.1pp
- All cycles
- 2024: R+27.1 2020: R+22.6 2016: R+22.1 2012: D+1.0 2008: D+4.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -140.69%
- Current HPI
- 178.1688
- Rent YoY
- —
- Metro
- —
- State GDP YoY
- ▲ 1.37%
- F500 in state
- 28
Industry mix (Fortune 500 HQ in MI)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Automotive Parts | 3 | $48B |
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| Automotive | 2 | $372B |
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| Chemicals | 1 | $45B |
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| Automotive Retail | 1 | $29B |
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| Healthcare / Medical Devices | 1 | $23B |
|
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| Automotive Technology | 1 | $20B |
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Price history
+0.0% since first listed2 events — show timeline
- 2026-02-22 Listed $72,000 REALCOMP
- 2026-02-22 Listed $72,000 MiRealSource-MiMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…