2058 S Long Lake RdFentonMI48430
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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 Fenton at 2058 S Long Lake Rd, Fenton, MI, 48430 earns from $3,985/mo rent with a $3,299/mo payment. Total monthly income totals $3,985/mo. ROI tracks 17.57% on current figures, and rental yield reads 7.09% at a $674,000 purchase. Equity gained on principal adds $4,349/yr, and 5% annual appreciation supports $186,214 over five years. Five-year ROI reaches 90.82% and total cumulative return in cash sums $201,397. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,985/mo property income instead of your personal income.
Single Family
Built in 1927
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48430, Fenton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,916 (100%) |
| Owner Occupied HU | 12,868 (76.1%) |
| Renter Occupied HU | 3,053 (18.0%) |
| Vacant Housing Units | 995 ( 5.9%) |
| Median Home Value | $353,352 |
| Average Home Value | $414,915 |
Housing Distribution
Address Breakdown
Residential
16,904
Single Family
14,726
Multi-Family
2,178
Businesses
1,070
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