10669 W Lakeshore DrBrimleyMI49715
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 Brimley at 10669 W Lakeshore Dr, Brimley, MI, 49715 offers a 9.47% rental yield on a $162,000 purchase with $1,278/mo rent. Total monthly income registers $1,278/mo, and a $793/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,515/yr on $53,703 to close, and return on cash invested stands at 24.59% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 128.54% and total cumulative return in cash at $69,029. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,278/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49715, Brimley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,901 (100%) |
| Owner Occupied HU | 1,029 (54.1%) |
| Renter Occupied HU | 203 (10.7%) |
| Vacant Housing Units | 669 (35.2%) |
| Median Home Value | $183,750 |
| Average Home Value | $210,469 |
Housing Distribution
Address Breakdown
Residential
1,205
Single Family
1,197
Multi-Family
8
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices