11126 Shavehead Lake StConstantineMI49042
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 Constantine at 11126 Shavehead Lake St, Constantine, MI, 49042 offers a 15.51% rental yield on a $202,300 purchase with $2,614/mo rent. Total monthly income registers $2,614/mo, and a $990/mo payment leaves $1,280/mo available for distribution. Annual cash flow reaches $15,361/yr on $67,062 to close, and return on cash invested stands at 42.81% in year one. Equity gained on principal adds $1,305/yr while 5% annual appreciation supports $55,892 over five years. Portfolio math shows five-year ROI at 226.26% and total cumulative return in cash at $151,738. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,614/mo property income against a $990/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49042, Constantine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,007 (100%) |
| Owner Occupied HU | 1,521 (75.8%) |
| Renter Occupied HU | 321 (16.0%) |
| Vacant Housing Units | 165 ( 8.2%) |
| Median Home Value | $169,756 |
| Average Home Value | $200,357 |
Housing Distribution
Address Breakdown
Residential
1,916
Single Family
1,829
Multi-Family
87
Businesses
106
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A