1179 Lakeshore DrColumbiavilleMI48421
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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 Columbiaville at 1179 Lakeshore Dr, Columbiaville, MI, 48421 earns from $1,247/mo rent with a $1,689/mo payment. Total monthly income totals $1,247/mo. ROI tracks 9.12% on current figures, and rental yield reads 4.34% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 45.53% and total cumulative return in cash sums $52,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,247/mo property income instead of your personal income.
Single Family
Built in 1955
3,484 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
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