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2351 Hiddenview Dr
B- Composite 68.67
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

2351 Hiddenview Dr · Berlin, MI 48166
3 bd · 2.0 ba · 1,902 sqft · SingleFamily · 116 Days on market
Built 1997 4,356 sqft lot

🖨 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

CORNER LOTISLAND KITCHENBREAKFAST NOOKBACKYARD DECKOVERSIZED WALK-IN CLOSETDOUBLE VANITY

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

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $63,609 (9.0% below list)

Questions for the listing agent

  1. 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?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  4. 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.
  5. 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.
  6. 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

5-year hold
IRR
28.5%
Equity multiple
2.19×
Total profit
$23,286
Equity at exit
$10,422
10-year hold
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
7-day pay-or-quit; mixed climate; Detroit/AA have some protections.

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

Break-even rent $611
Max offer price $69,900
Occupancy floor 53%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-18
    days on market $69,900 Active 116 DOM
  2. 2026-06-17
    days on market $69,900 Active 115 DOM
  3. 2026-06-16
    days on market $69,900 Active 114 DOM
  4. 2026-06-15
    days on market $69,900 Active 113 DOM
  5. 2026-06-13
    days on market $69,900 Active 111 DOM
  6. 2026-06-13
    pricedays on market $69,900 Active 110 DOM
  7. 2026-06-09
    days on market $72,000 Active 107 DOM
  8. 2026-06-08
    days on market $72,000 Active 106 DOM
  9. 2026-06-07
    days on market $72,000 Active 105 DOM
  10. 2026-06-04
    days on market $72,000 Active 102 DOM
  11. 2026-06-03
    days on market $72,000 Active 101 DOM
  12. 2026-06-02
    days on market $72,000 Active 100 DOM
  13. 2026-06-01
    days on market $72,000 Active 99 DOM
  14. 2026-05-31
    days on market $72,000 Active 98 DOM
  15. 2026-02-22
    listed $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!

  16. 2026-02-22
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-02-22 Listed $72,000 REALCOMP
  • 2026-02-22 Listed $72,000 MiRealSource-MiMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…