1541 Notley Field LnVicksburgMI49097
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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
Rental property for sale in Vicksburg at 1541 Notley Field Ln, Vicksburg, MI, 49097 generates $2,257/mo in rent and, after a $1,615/mo payment, leaves $31/mo in cash flow. Total monthly income is $2,257/mo, and annual cash flow is $372/yr on $109,395 invested. Return on cash invested sits at 20.25% in year one, and rental yield is 8.21% on a $330,000 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 105.38% and total cumulative return in cash sums $115,283. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,257/mo property income rather than buyer’s personal income.
Single Family
Built in 2016
5,662 sqft lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49097, Vicksburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,972 (100%) |
| Owner Occupied HU | 4,080 (82.1%) |
| Renter Occupied HU | 609 (12.2%) |
| Vacant Housing Units | 283 ( 5.7%) |
| Median Home Value | $304,244 |
| Average Home Value | $342,436 |
Housing Distribution
Address Breakdown
Residential
4,723
Single Family
4,568
Multi-Family
155
Businesses
243
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Listed by: Bob Sikes • RE/MAX First
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50175841
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