121 Lantern Dr NW, Comstock Park, MI, 49321 | $49/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Comstock Park at 121 Lantern Dr NW, Comstock Park, MI, 49321 listed at $399,900 pairs $2,686/mo rent with a $1,957/mo payment to leave $49/mo cash flow. Total monthly income runs $2,686/mo, and annual cash flow reaches $590/yr on $132,567 cash to close. Return on cash invested measures 20.35% in year one, and rental yield registers 8.06% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 105.78% and total cumulative return in cash totals $140,228. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,686/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1966

0.48 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,375 (60.8%)
Renter Occupied HU	2,533 (35.2%)
Vacant Housing Units	282 ( 3.9%)
Median Home Value	$311,171
Average Home Value	$337,061