1496 S Forest LnCedarvilleMI49719
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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 Cedarville at 1496 S Forest Ln, Cedarville, MI, 49719 projects strong ROI of 1.13%. Rental yield 1.68%. With 5% annual appreciation, the property builds $635,448 in value over five years. Equity growth combined delivers a projected five-year ROI of 2.6%, translating into $19,411 in total cumulative return on $745,200 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1993
3.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49719, Cedarville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,730 (100%) |
| Owner Occupied HU | 573 (33.1%) |
| Renter Occupied HU | 73 ( 4.2%) |
| Vacant Housing Units | 1,084 (62.7%) |
| Median Home Value | $313,983 |
| Average Home Value | $367,229 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.
Listed by: John Griffin • COLDWELL BANKER SCHMIDT - CEDARVILLE
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-989
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.