1069 El Camino Grande DrLake IsabellaMI48893
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
Rental property for sale in Lake Isabella at 1069 El Camino Grande Dr, Lake Isabella, MI, 48893 generates $3,305/mo in rent and, after a $1,566/mo payment, leaves $1,167/mo in cash flow. Total monthly income is $3,305/mo, and annual cash flow is $14,000/yr on $106,080 invested. Return on cash invested sits at 33.11% in year one, and rental yield is 12.39% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 174.27% and total cumulative return in cash sums $184,863. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,305/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
2.23 Acres lot
$N/A/sqft
$340 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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Listed by: Amberly Zimmer • The Real Estate Company
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932873
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.