10399 Lakeshore Dr EGoodrichMI48438
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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 Goodrich at 10399 Lakeshore Dr E, Goodrich, MI, 48438 projects strong ROI of -2.94%. Rental yield 0.36%. With 5% annual appreciation, the property builds $1,047,107 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2002
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48438, Goodrich, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,582 (100%) |
| Owner Occupied HU | 2,365 (91.6%) |
| Renter Occupied HU | 122 ( 4.7%) |
| Vacant Housing Units | 95 ( 3.7%) |
| Median Home Value | $342,692 |
| Average Home Value | $373,386 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,558
Multi-Family
16
Businesses
171
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Listed by: Chyna Slade • Berkshire Hathaway Michigan
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20250018190
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2025-03-26 03:04:07 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702