117 Lily LnRoscommonMI48653
Nearby investment properties with comparable rents
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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 Roscommon at 117 Lily Ln, Roscommon, MI, 48653 earns $152/mo cash flow from $2,624/mo rent with a $1,835/mo payment. Total monthly income totals $2,624/mo, and annual cash flow totals $1,818/yr on $124,313 capital. ROI tracks 21.37% on current figures, and rental yield reads 8.4% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash sums $138,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,624/mo property income instead of your personal income.
Single Family
Built in 1983
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48653, Roscommon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,279 (100%) |
| Owner Occupied HU | 4,207 (40.9%) |
| Renter Occupied HU | 576 ( 5.6%) |
| Vacant Housing Units | 5,496 (53.5%) |
| Median Home Value | $191,323 |
| Average Home Value | $270,341 |
Housing Distribution
Address Breakdown
Residential
5,750
Single Family
5,638
Multi-Family
112
Businesses
285
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