1321 Bayview DrKewadinMI49648
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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 Kewadin at 1321 Bayview Dr, Kewadin, MI, 49648 earns from $1,310/mo rent with a $4,797/mo payment. Total monthly income totals $1,310/mo. ROI tracks 0.88% on current figures, and rental yield reads 1.6% at a $980,000 purchase. Equity gained on principal adds $6,324/yr, and 5% annual appreciation supports $270,756 over five years. Five-year ROI reaches 1.3% and total cumulative return in cash sums $4,188. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,310/mo property income instead of your personal income.
Single Family
Built in 1947
3.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49648, Kewadin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,962 (100%) |
| Owner Occupied HU | 982 (50.1%) |
| Renter Occupied HU | 80 ( 4.1%) |
| Vacant Housing Units | 900 (45.9%) |
| Median Home Value | $585,903 |
| Average Home Value | $671,115 |
Housing Distribution
Address Breakdown
Residential
1,195
Single Family
1,195
Multi-Family
0
Businesses
32
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