19315 Dog Patch RdLanseMI49946
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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 Lanse at 19315 Dog Patch Rd, Lanse, MI, 49946 generates $1,220/mo in rent and, after a $749/mo payment, leaves $211/mo in cash flow. Total monthly income is $1,220/mo, and annual cash flow is $2,531/yr on $50,720 invested. Return on cash invested sits at 24.9% in year one, and rental yield is 9.57% on a $153,000 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,271 over five years. Five-year ROI reaches 130.15% and total cumulative return in cash sums $66,012. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,220/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
3.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49946, Lanse, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,309 (100%) |
| Owner Occupied HU | 1,373 (59.5%) |
| Renter Occupied HU | 353 (15.3%) |
| Vacant Housing Units | 583 (25.2%) |
| Median Home Value | $150,236 |
| Average Home Value | $183,920 |
Housing Distribution
Address Breakdown
Residential
1,753
Single Family
1,666
Multi-Family
87
Businesses
167
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