Wayne'S Waterways
Solid value in a growing area
Median $309K·Schools 5.0/10
Tell someone in the car on the way here that you're heading to the Six Lakes chain. The neighborhood sits right on the water—Second Lake mostly, with channel frontage that connects to the whole system, so a pontoon or kayak gets you everywhere. Homes here are modest, ranging from updated cottages to manufactured units with serious bones, and nearly every listing mentions the view: kitchens and master bedrooms looking straight out at the water. Pole barns and detached garages suggest people actually use their yards and boats. First Lake Park is a short walk, and there are three parks within a mile, so it's the kind of place where you can be on the water or on a trail without much effort.
Why people love it here
$309K median
- 2 recent sales
Park-rich area
- 15 parks within 1 mile
Mortgage Calculator
Median home price in Wayne'S Waterways
Estimated Monthly Payment
$2,098/mo
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. This is not a commitment to lend or an offer of credit. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Lender. NMLS Consumer Access
Flood Risk
None
Not in flood zone
Nearest Park
First Lake Park
0.5 mi
Parks Nearby
15
within 1 mile
Based on 2 rated schools nearby
School District: Montabella Community Schools
Crime in Wayne'S Waterways is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Wayne'S Waterways home (around $309,000) at today's 6.43% 30-year fixed rate with 20% down, you'd need roughly $55k/year in household income to qualify — an estimated monthly payment of $2,046 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,046/mo | $54,547 |
| 10% (+PMI) | $2,355/mo | $62,807 |
| 5% (+PMI) | $2,459/mo | $65,564 |
Estimates use a 6.43% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not an APR or a commitment to lend — your actual rate and payment will vary.
🏫 Schools(3)
Frequently asked about Wayne'S Waterways
- What do homes cost in Wayne'S Waterways?
- The median home value in Wayne'S Waterways is about $309,000. Individual prices vary by street, size, and condition.
- How active is the Wayne'S Waterways housing market?
- no homes are listed in Wayne'S Waterways right now, and 2 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Wayne'S Waterways?
- Wayne'S Waterways is served by Montabella Community Schools. Its highest-rated assigned school is Montabella JuniorSenior High (5/10).
Top contributors in Wayne'S Waterways
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