0 Bates StFife LakeMI49633
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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 Fife Lake at 0 Bates St, Fife Lake, MI, 49633 with 5% annual appreciation on a $450,000 basis while $4,800/mo rent supports operations. Total monthly income totals $4,800/mo and a $2,203/mo payment preserves $1,832/mo for cash returns. Annual cash flow comes to $21,984/yr on $149,175 deployed, and return on cash invested reaches 34.65% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 12.8%. Five-year ROI measures 182.39% and total cumulative return in cash totals $272,082.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,800/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
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