1881 Lakeside DrCerescoMI49033
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestors targeting immediate dollar income will find 1881 Lakeside Dr, Ceresco, MI, 49033 in Ceresco hard to pass up. The 10.67% gross yield on a $350,000 purchase results in $3,113/mo in rent and $805/mo in net cash, well above the spread required for Ziffy Mortgage's DSCR qualification (1.98). Annual cash flow of $9,657, five-year appreciation of $96,699, and $3,224/yr in equity build-up combine for a projected total cumulative return of $185,107.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.7% | 8.0% |
| Monthly Cash Flow | $805 | $250 |
City averages based on Ceresco market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,113 |
| Total Monthly Debt Service | $2,169 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1972
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49033, Ceresco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 646 (85.4%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $264,220 |
| Average Home Value | $376,861 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
13
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
Single Family
Built in 1972
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49033, Ceresco, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 756 (100%) |
| Owner Occupied HU | 646 (85.4%) |
| Renter Occupied HU | 59 ( 7.8%) |
| Vacant Housing Units | 51 ( 6.7%) |
| Median Home Value | $264,220 |
| Average Home Value | $376,861 |
Housing Distribution
Address Breakdown
Residential
721
Single Family
721
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices