193 Miller Lake RdColumbiavilleMI48421
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
Investment Highlights
Investment property for sale in Columbiaville at 193 Miller Lake Rd, Columbiaville, MI, 48421 at $284,900 posts ROI 29.22% with $733/mo cash flow from $2,611/mo rent. Total monthly income equals $2,611/mo, and annual cash flow records $8,792/yr on $94,444 to close. Return on cash invested measures 29.22% and rental yield reads 11% at the current $284,900. Equity gained on principal adds $1,838/yr, and 5% annual appreciation supports $78,713 by year five. Five-year ROI prints 153.3% and total cumulative return in cash totals $144,779.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,611/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2004
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48421, Columbiaville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,859 (100%) |
| Owner Occupied HU | 2,356 (82.4%) |
| Renter Occupied HU | 241 ( 8.4%) |
| Vacant Housing Units | 262 ( 9.2%) |
| Median Home Value | $233,601 |
| Average Home Value | $259,920 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,702
Multi-Family
24
Businesses
56
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Listed by: William J Ruhlman • MBA Real Estate Services
Mls Name: Realcomp II
Mls ID: #20251015314