1400 Lakeview DrTiptonMI49287
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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 Tipton at 1400 Lakeview Dr, Tipton, MI, 49287 offers a 7.81% rental yield on a $435,000 purchase with $2,831/mo rent. 6% in year one. Equity gained on principal adds $2,807/yr while 5% annual appreciation supports $120,182 over five years. Portfolio math shows five-year ROI at 101.72% and total cumulative return in cash at $146,676. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,831/mo property income against a $2,129/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49287, Tipton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 791 (77.5%) |
| Renter Occupied HU | 55 ( 5.4%) |
| Vacant Housing Units | 174 (17.1%) |
| Median Home Value | $324,185 |
| Average Home Value | $403,647 |
Housing Distribution
Address Breakdown
Residential
856
Single Family
856
Multi-Family
0
Businesses
33
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