1846 W Tupper Heights DrLake OdessaMI48849
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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 Lake Odessa at 1846 W Tupper Heights Dr, Lake Odessa, MI, 48849 uses $49,692 cash to close to unlock $1,334/yr annual cash flow and $111/mo monthly cash flow. Total monthly income runs $1,100/mo, and a $734/mo payment keeps the spread at $111/mo. Purchase price stands at $149,900, and rental yield measures 8.81% with $1,100/mo rent. Return on cash invested shows 22.59% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 117.87% and total cumulative return in cash records $58,571. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,100/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1957
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,010 (77.4%) |
| Renter Occupied HU | 347 (13.4%) |
| Vacant Housing Units | 241 ( 9.3%) |
| Median Home Value | $237,500 |
| Average Home Value | $271,979 |
Housing Distribution
Address Breakdown
Residential
2,340
Single Family
2,259
Multi-Family
81
Businesses
152
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Listed by: Tawni Makley • Freshwater Properties
Mls Name: MichRIC
Mls ID: #25038839