2019 Lakeview Dr, Portage, MI, 49002 | 5.12% Rental Yield

For Sale

Currently Rented

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,498/mo, and a $2,863/mo payment. Purchase price stands at $584,900, and rental yield measures 5.12% with $2,498/mo rent. Return on cash invested shows 11.58% in year one, and 5% annual appreciation builds toward $161,597 over five years. Five-year ROI reaches 58.7% and total cumulative return in cash records $112,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,498/mo property income covering a $2,863/mo payment rather than investor’s personal income.

Single Family

Built in 1965

6,534 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49002, Portage, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,137 (100%)
Owner Occupied HU	6,111 (66.9%)
Renter Occupied HU	2,675 (29.3%)
Vacant Housing Units	351 ( 3.8%)
Median Home Value	$280,228
Average Home Value	$316,779