1225 Bear Lake CirPortageMI49024
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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 Portage at 1225 Bear Lake Cir, Portage, MI, 49024 offers a 8.21% rental yield on a $613,000 purchase with $4,192/mo rent. Total monthly income registers $4,192/mo, and a $3,000/mo payment leaves $112/mo available for distribution. Annual cash flow reaches $1,349/yr on $201,677 to close, and return on cash invested stands at 20.73% in year one. Equity gained on principal adds $3,956/yr while 5% annual appreciation supports $169,361 over five years. Portfolio math shows five-year ROI at 107.83% and total cumulative return in cash at $217,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,192/mo property income against a $3,000/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
0.38 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49024, Portage, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,522 (100%) |
| Owner Occupied HU | 8,953 (66.2%) |
| Renter Occupied HU | 3,895 (28.8%) |
| Vacant Housing Units | 674 ( 5.0%) |
| Median Home Value | $300,516 |
| Average Home Value | $336,610 |
Housing Distribution
Address Breakdown
Residential
13,102
Single Family
11,134
Multi-Family
1,968
Businesses
800
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