1921 Lakeview LnHighlandMI48357
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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 Highland at 1921 Lakeview Ln, Highland, MI, 48357 earns from $1,903/mo rent with a $2,080/mo payment. Total monthly income totals $1,903/mo. ROI tracks 12.25% on current figures, and rental yield reads 5.37% at a $425,000 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 over five years. Five-year ROI reaches 62.31% and total cumulative return in cash sums $87,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,903/mo property income instead of your personal income.
Single Family
Built in 1954
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48357, Highland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,861 (100%) |
| Owner Occupied HU | 3,374 (87.4%) |
| Renter Occupied HU | 317 ( 8.2%) |
| Vacant Housing Units | 170 ( 4.4%) |
| Median Home Value | $414,201 |
| Average Home Value | $442,907 |
Housing Distribution
Address Breakdown
Residential
3,651
Single Family
3,651
Multi-Family
0
Businesses
487
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