1986 E Lynndon StIdlewildMI49642
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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 Idlewild at 1986 E Lynndon St, Idlewild, MI, 49642 uses $66,267 cash to close to unlock $3,074/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,574/mo, and a $978/mo payment keeps the spread at $256/mo. Purchase price stands at $199,900, and rental yield measures 9.45% with $1,574/mo rent. Return on cash invested shows 24.55% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 128.3% and total cumulative return in cash records $85,021. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,574/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in N/A
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49642, Idlewild, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,183 (100%) |
| Owner Occupied HU | 341 (28.8%) |
| Renter Occupied HU | 103 ( 8.7%) |
| Vacant Housing Units | 739 (62.5%) |
| Median Home Value | $156,786 |
| Average Home Value | $200,029 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
362
Multi-Family
23
Businesses
24
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