15815 20th LnGardenMI49835
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 Garden at 15815 20th Ln, Garden, MI, 49835 listed at $695,000 pairs $4,486/mo rent with a $3,402/mo payment. Total monthly income runs $4,486/mo. Return on cash invested measures 19.38% in year one, and rental yield registers 7.75% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 100.61% and total cumulative return in cash totals $230,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,486/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2006
3.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49835, Garden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 644 (100%) |
| Owner Occupied HU | 359 (55.7%) |
| Renter Occupied HU | 26 ( 4.0%) |
| Vacant Housing Units | 259 (40.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $209,276 |
Housing Distribution
Address Breakdown
Residential
321
Single Family
321
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DAVID MUXLOW • GROVER REAL ESTATE
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50171398
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.