18823 Lakewood CirLake AnnMI49650
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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 Ann at 18823 Lakewood Cir, Lake Ann, MI, 49650 earns from $2,174/mo rent with a $1,909/mo payment. Total monthly income totals $2,174/mo. ROI tracks 16.21% on current figures, and rental yield reads 6.69% 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 83.55% and total cumulative return in cash sums $108,020. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,174/mo property income instead of your personal income.
Single Family
Built in 1972
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49650, Lake Ann, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 1,225 (77.6%) |
| Renter Occupied HU | 93 ( 5.9%) |
| Vacant Housing Units | 261 (16.5%) |
| Median Home Value | $249,922 |
| Average Home Value | $283,304 |
Housing Distribution
Address Breakdown
Residential
1,287
Single Family
1,287
Multi-Family
0
Businesses
75
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Listed by: Gary Florip • Lakeview Realty & Rental Mgmt
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1935862
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.