13799 Mead Creek Rd #63DBathMI48808
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 Bath at 13799 Mead Creek Rd #63D, Bath, MI, 48808 uses $67,460 cash to close to unlock $1,977/yr annual cash flow and $165/mo monthly cash flow. Total monthly income runs $1,765/mo, and a $996/mo payment keeps the spread at $165/mo. Purchase price stands at $203,500, and rental yield measures 10.41% with $1,765/mo rent. Return on cash invested shows 22.84% in year one, and 5% annual appreciation builds toward $56,223 over five years. Five-year ROI reaches 120.77% and total cumulative return in cash records $81,471. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $996/mo payment rather than investor’s personal income.
Condo
Built in 2007
871.20 sqft lot
$N/A/sqft
$775 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48808, Bath, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,603 (100%) |
| Owner Occupied HU | 1,673 (64.3%) |
| Renter Occupied HU | 768 (29.5%) |
| Vacant Housing Units | 162 ( 6.2%) |
| Median Home Value | $327,703 |
| Average Home Value | $370,604 |
Housing Distribution
Address Breakdown
Residential
2,483
Single Family
2,461
Multi-Family
22
Businesses
93
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mikhail Myles • Five Star Real Estate - Lansing
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287911
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS