1 Hawks Northeast StGlen ArborMI49636
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,537/mo, and a $3,549/mo payment. Purchase price stands at $725,000, and rental yield measures 4.2% with $2,537/mo rent. Return on cash invested shows 6.19% in year one, and 5% annual appreciation builds toward $200,304 over five years. Five-year ROI reaches 30.71% and total cumulative return in cash records $73,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,537/mo property income covering a $3,549/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$6,156 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49636, Glen Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 171 (25.4%) |
| Renter Occupied HU | 8 ( 1.2%) |
| Vacant Housing Units | 494 (73.4%) |
| Median Home Value | $878,125 |
| Average Home Value | $1,075,073 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Kemp • Resort Realty at the Homestead
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932886
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.