208 Clark StLakeviewMI48850
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lakeview at 208 Clark St, Lakeview, MI, 48850 earns $575/mo cash flow from $1,366/mo rent with a $587/mo payment. Total monthly income totals $1,366/mo, and annual cash flow totals $6,902/yr on $39,747 capital. ROI tracks 37.27% on current figures, and rental yield reads 13.67% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 196.63% and total cumulative return in cash sums $78,156. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,366/mo property income instead of your personal income.
Single Family
Built in 1982
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48850, Lakeview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,457 (69.3%) |
| Renter Occupied HU | 269 (12.8%) |
| Vacant Housing Units | 375 (17.8%) |
| Median Home Value | $215,774 |
| Average Home Value | $228,914 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,800
Multi-Family
40
Businesses
125
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices