10120 Bath RdLaingsburgMI48848
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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
Total monthly income runs $2,194/mo, and a $2,080/mo payment. Purchase price stands at $425,000, and rental yield measures 6.19% with $2,194/mo rent. Return on cash invested shows 14.73% in year one, and 5% annual appreciation builds toward $117,420 over five years. Five-year ROI reaches 75.6% and total cumulative return in cash records $106,505. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,194/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 1968
11.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48848, Laingsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,831 (85.1%) |
| Renter Occupied HU | 323 ( 9.7%) |
| Vacant Housing Units | 174 ( 5.2%) |
| Median Home Value | $301,497 |
| Average Home Value | $316,705 |
Housing Distribution
Address Breakdown
Residential
3,028
Single Family
3,000
Multi-Family
28
Businesses
106
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Listed by: Daniel Brown • Choice Realty LLC
Mls Name: MiRealSource
Mls ID: #50183060