1438 Lincoln StLapeerMI48446
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 Lapeer at 1438 Lincoln St, Lapeer, MI, 48446 at $319,900 posts ROI 29.36% with $835/mo cash flow from $3,100/mo rent. Total monthly income equals $3,100/mo, and annual cash flow records $10,022/yr on $106,047 to close. Return on cash invested measures 29.36% and rental yield reads 11.63% at the current $319,900. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 by year five. Five-year ROI prints 154.72% and total cumulative return in cash totals $164,072.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,100/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2024
N/A lot
$N/A/sqft
$155 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48446, Lapeer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 10,000 (75.8%) |
| Renter Occupied HU | 2,521 (19.1%) |
| Vacant Housing Units | 676 ( 5.1%) |
| Median Home Value | $233,283 |
| Average Home Value | $262,271 |
Housing Distribution
Address Breakdown
Residential
12,832
Single Family
11,994
Multi-Family
838
Businesses
1,078
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