1149 Lakeshore DrColumbiavilleMI48421
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 Columbiaville at 1149 Lakeshore Dr, Columbiaville, MI, 48421 earns from $1,260/mo rent with a $1,855/mo payment. Total monthly income totals $1,260/mo. ROI tracks 8.07% on current figures, and rental yield reads 3.99% at a $378,900 purchase. Equity gained on principal adds $2,445/yr, and 5% annual appreciation supports $104,683 over five years. Five-year ROI reaches 39.89% and total cumulative return in cash sums $50,103. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,260/mo property income instead of your personal income.
Home Type Unknown
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48421, Columbiaville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,859 (100%) |
| Owner Occupied HU | 2,356 (82.4%) |
| Renter Occupied HU | 241 ( 8.4%) |
| Vacant Housing Units | 262 ( 9.2%) |
| Median Home Value | $233,601 |
| Average Home Value | $259,920 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,702
Multi-Family
24
Businesses
56
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