12363 Laginess RdLa SalleMI48145
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 La Salle at 12363 Laginess Rd, La Salle, MI, 48145 earns from $1,747/mo rent with a $1,566/mo payment. Total monthly income totals $1,747/mo. ROI tracks 15.8% on current figures, and rental yield reads 6.55% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 81.39% and total cumulative return in cash sums $86,312. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,747/mo property income instead of your personal income.
Single Family
Built in 1965
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48145, La Salle, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,521 (100%) |
| Owner Occupied HU | 1,313 (86.3%) |
| Renter Occupied HU | 118 ( 7.8%) |
| Vacant Housing Units | 90 ( 5.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $314,006 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
41
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Nearby investment properties with comparable prices
Listed by: Cherie Shields • Gerweck Real Estate in Monroe
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50177584
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