1800 Glen Meadow LnLakevilleMI48367
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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 Lakeville at 1800 Glen Meadow Ln, Lakeville, MI, 48367 priced at $479,900 pairs $4,346/mo rent with $1,181/mo cash flow after a $2,349/mo payment. Total monthly income equals $4,346/mo, and annual cash flow comes to $14,174/yr on $159,087 invested. Return on cash invested is 28.82% in year one, and rental yield stands at 10.87% on a $479,900 basis. Equity gained on principal adds $3,097/yr, and 5% annual appreciation accumulates to $132,588 by year five. Five-year ROI measures 151.17% and total cumulative return in cash reaches $240,489. For financing, Ziffy Mortgage’s DSCR program evaluates $4,346/mo property income against a $2,349/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1972
4.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Marjorie Fetty • Century 21 Professionals Macomb
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50162154
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