17669 Lake DrBarrytonMI49305
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 Barryton at 17669 Lake Dr, Barryton, MI, 49305 uses $38,089 cash to close to unlock $3,356/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $1,037/mo, and a $562/mo payment keeps the spread at $280/mo. Purchase price stands at $114,900, and rental yield measures 10.83% with $1,037/mo rent. Return on cash invested shows 28.72% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 150.66% and total cumulative return in cash records $57,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,037/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49305, Barryton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,615 (100%) |
| Owner Occupied HU | 898 (55.6%) |
| Renter Occupied HU | 129 ( 8.0%) |
| Vacant Housing Units | 588 (36.4%) |
| Median Home Value | $154,167 |
| Average Home Value | $171,553 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
49
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
