10409 Lakeview DrTaylorMI48180
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
Investment property for sale in Taylor at 10409 Lakeview Dr, Taylor, MI, 48180 earns $1,577/mo cash flow from $3,905/mo rent with a $1,688/mo payment. Total monthly income totals $3,905/mo, and annual cash flow totals $18,924/yr on $114,328 capital. ROI tracks 36.46% on current figures, and rental yield reads 13.59% at a $344,880 purchase. Equity gained on principal adds $2,225/yr, and 5% annual appreciation supports $95,284 over five years. Five-year ROI reaches 192.39% and total cumulative return in cash sums $219,950. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,905/mo property income instead of your personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$644 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48180, Taylor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,679 (100%) |
| Owner Occupied HU | 17,077 (64.0%) |
| Renter Occupied HU | 8,636 (32.4%) |
| Vacant Housing Units | 966 ( 3.6%) |
| Median Home Value | $164,884 |
| Average Home Value | $204,436 |
Housing Distribution
Address Breakdown
Residential
26,247
Single Family
25,187
Multi-Family
1,060
Businesses
1,727
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kelly Hayes • WJH Brokerage MI LLC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240019345
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 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 2024-09-13 17:21:48 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702