1479 Park DrLewistonMI49756
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 Lewiston at 1479 Park Dr, Lewiston, MI, 49756 earns $477/mo cash flow from $1,730/mo rent with a $930/mo payment. Total monthly income totals $1,730/mo, and annual cash flow totals $5,724/yr on $62,985 capital. ROI tracks 29% on current figures, and rental yield reads 10.93% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 152.09% and total cumulative return in cash sums $95,796. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,730/mo property income instead of your personal income.
Single Family
Built in N/A
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49756, Lewiston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,461 (100%) |
| Owner Occupied HU | 1,726 (38.7%) |
| Renter Occupied HU | 227 ( 5.1%) |
| Vacant Housing Units | 2,508 (56.2%) |
| Median Home Value | $218,037 |
| Average Home Value | $232,378 |
Housing Distribution
Address Breakdown
Residential
2,143
Single Family
2,101
Multi-Family
42
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices