11724 Satterlee RdLakeviewMI48850
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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
Rental property for sale in Lakeview at 11724 Satterlee Rd, Lakeview, MI, 48850 generates $2,659/mo in rent, after a $2,105/mo payment. Total monthly income is $2,659/mo. Return on cash invested sits at 18.42% in year one, and rental yield is 7.42% on a $430,000 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 95.37% and total cumulative return in cash sums $135,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,659/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48850, Lakeview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,457 (69.3%) |
| Renter Occupied HU | 269 (12.8%) |
| Vacant Housing Units | 375 (17.8%) |
| Median Home Value | $215,774 |
| Average Home Value | $228,914 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,800
Multi-Family
40
Businesses
125
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