1422 E Barnes Lake RdColumbiavilleMI48421
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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 Columbiaville at 1422 E Barnes Lake Rd, Columbiaville, MI, 48421 listed at $329,990 pairs $3,049/mo rent with a $1,615/mo payment to leave $873/mo cash flow. Total monthly income runs $3,049/mo, and annual cash flow reaches $10,476/yr on $109,392 cash to close. Return on cash invested measures 29.49% in year one, and rental yield registers 11.09% at a $329,990 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,170 by year five. Five-year ROI tracks 154.77% and total cumulative return in cash totals $169,303. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,049/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48421, Columbiaville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,859 (100%) |
| Owner Occupied HU | 2,356 (82.4%) |
| Renter Occupied HU | 241 ( 8.4%) |
| Vacant Housing Units | 262 ( 9.2%) |
| Median Home Value | $233,601 |
| Average Home Value | $259,920 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,702
Multi-Family
24
Businesses
56
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Listed by: Thomas Cheslik • Epique Realty
Mls Name: Realcomp II
Mls ID: #20261001868