1225 W Heart Lake DrGaylordMI49735
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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 Gaylord at 1225 W Heart Lake Dr, Gaylord, MI, 49735 with 5% annual appreciation on a $675,000 basis while $3,626/mo rent supports operations. 6% in year one. Equity gained on principal adds $4,356/yr, and five-year appreciation sums $186,490 alongside rental yield of 6.45%. Five-year ROI measures 80.24% and total cumulative return in cash totals $178,191. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,626/mo property income versus a $3,304/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49735, Gaylord, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,592 (100%) |
| Owner Occupied HU | 6,690 (57.7%) |
| Renter Occupied HU | 2,091 (18.0%) |
| Vacant Housing Units | 2,811 (24.2%) |
| Median Home Value | $227,968 |
| Average Home Value | $262,810 |
Housing Distribution
Address Breakdown
Residential
9,514
Single Family
8,967
Multi-Family
547
Businesses
768
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