204 Corwin Meadows DrLawrenceMI49064
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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 Lawrence at 204 Corwin Meadows Dr, Lawrence, MI, 49064 at $290,000 posts ROI 3.96% with from $634/mo rent. Total monthly income equals $634/mo. Return on cash invested measures 3.96% and rental yield reads 2.62% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 17.82% and total cumulative return in cash totals $17,128. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $634/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2011
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49064, Lawrence, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,813 (100%) |
| Owner Occupied HU | 1,180 (65.1%) |
| Renter Occupied HU | 261 (14.4%) |
| Vacant Housing Units | 372 (20.5%) |
| Median Home Value | $235,714 |
| Average Home Value | $276,869 |
Housing Distribution
Address Breakdown
Residential
1,640
Single Family
1,539
Multi-Family
101
Businesses
86
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