10909 Lambelle CtFair HavenMI48023
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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 Fair Haven at 10909 Lambelle Ct, Fair Haven, MI, 48023 listed at $144,400 pairs $1,868/mo rent with a $707/mo payment to leave $916/mo cash flow. Total monthly income runs $1,868/mo, and annual cash flow reaches $10,986/yr on $47,869 cash to close. Return on cash invested measures 42.86% in year one, and rental yield registers 15.52% at a $144,400 basis. Equity gained on principal adds $932/yr, and annual property appreciation at 5% supports $39,895 by year five. Five-year ROI tracks 226.49% and total cumulative return in cash totals $108,420. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,868/mo property income relative to a $707/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48023, Fair Haven, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,368 (100%) |
| Owner Occupied HU | 1,730 (73.1%) |
| Renter Occupied HU | 417 (17.6%) |
| Vacant Housing Units | 221 ( 9.3%) |
| Median Home Value | $326,971 |
| Average Home Value | $367,487 |
Housing Distribution
Address Breakdown
Residential
2,203
Single Family
2,203
Multi-Family
0
Businesses
160
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Listed by: N/A • N/A
Mls Name: Yes! Communities
Mls ID: #N/A