206 Lakeside DrQuincyMI49082
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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 Quincy at 206 Lakeside Dr, Quincy, MI, 49082 earns $196/mo cash flow from $1,475/mo rent with a $949/mo payment. Total monthly income totals $1,475/mo, and annual cash flow totals $2,356/yr on $64,278 capital. ROI tracks 23.58% on current figures, and rental yield reads 9.13% at a $193,900 purchase. Equity gained on principal adds $1,251/yr, and 5% annual appreciation supports $53,571 over five years. Five-year ROI reaches 123.09% and total cumulative return in cash sums $79,117. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Manufactured
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49082, Quincy, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,102 (100%) |
| Owner Occupied HU | 2,037 (65.7%) |
| Renter Occupied HU | 419 (13.5%) |
| Vacant Housing Units | 646 (20.8%) |
| Median Home Value | $194,318 |
| Average Home Value | $234,561 |
Housing Distribution
Address Breakdown
Residential
2,606
Single Family
2,532
Multi-Family
74
Businesses
129
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