18217 2nd Sand Beach RdLanseMI49946
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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 Lanse at 18217 2nd Sand Beach Rd, Lanse, MI, 49946 earns $370/mo cash flow from $2,942/mo rent with a $1,909/mo payment. Total monthly income totals $2,942/mo, and annual cash flow totals $4,440/yr on $129,285 capital. ROI tracks 23.34% on current figures, and rental yield reads 9.05% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 121.78% and total cumulative return in cash sums $157,448. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,942/mo property income instead of your personal income.
Single Family
Built in 2005
15.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49946, Lanse, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,309 (100%) |
| Owner Occupied HU | 1,373 (59.5%) |
| Renter Occupied HU | 353 (15.3%) |
| Vacant Housing Units | 583 (25.2%) |
| Median Home Value | $150,236 |
| Average Home Value | $183,920 |
Housing Distribution
Address Breakdown
Residential
1,753
Single Family
1,666
Multi-Family
87
Businesses
167
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