19650 Lake DrHillmanMI49746
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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 Hillman at 19650 Lake Dr, Hillman, MI, 49746 earns from $1,570/mo rent with a $1,541/mo payment. Total monthly income totals $1,570/mo. ROI tracks 14.09% on current figures, and rental yield reads 5.98% at a $314,900 purchase. Equity gained on principal adds $2,032/yr, and 5% annual appreciation supports $87,001 over five years. Five-year ROI reaches 72.18% and total cumulative return in cash sums $75,346. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,570/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49746, Hillman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,754 (100%) |
| Owner Occupied HU | 1,468 (53.3%) |
| Renter Occupied HU | 205 ( 7.4%) |
| Vacant Housing Units | 1,081 (39.3%) |
| Median Home Value | $171,314 |
| Average Home Value | $215,562 |
Housing Distribution
Address Breakdown
Residential
1,686
Single Family
1,644
Multi-Family
42
Businesses
108
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Nearby investment properties with comparable prices
Listed by: Aimee Smith • Hillman Real Estate
Mls Name: WWMLS
Mls Provider:
Mls ID: #201833613
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