18863 Meadow Lark RdThompsonvilleMI49683
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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 Thompsonville at 18863 Meadow Lark Rd, Thompsonville, MI, 49683 generates $2,497/mo in rent, after a $4,037/mo payment. Total monthly income is $2,497/mo. Return on cash invested sits at 7.05% in year one, and rental yield is 3.63% on a $824,900 entry. Equity gained on principal adds $5,323/yr, while 5% annual appreciation builds toward $227,905 over five years. Five-year ROI reaches 34.38% and total cumulative return in cash sums $93,313. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,497/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49683, Thompsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,674 (100%) |
| Owner Occupied HU | 872 (52.1%) |
| Renter Occupied HU | 101 ( 6.0%) |
| Vacant Housing Units | 701 (41.9%) |
| Median Home Value | $252,381 |
| Average Home Value | $312,893 |
Housing Distribution
Address Breakdown
Residential
1,090
Single Family
1,090
Multi-Family
0
Businesses
32
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Listed by: Edward Sherman • HomeRealty, LLC
Mls Name: MichRIC
Mls ID: #25037914