209 Round Lake DrMichigan CenterMI49254
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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 Michigan Center at 209 Round Lake Dr, Michigan Center, MI, 49254 with 5% annual appreciation on a $234,900 basis while $1,254/mo rent supports operations. 36% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,899 alongside rental yield of 6.41%. Five-year ROI measures 78.97% and total cumulative return in cash totals $61,497. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,254/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
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Listed by: Brendon Tripp • The Charles Reinhart Company
Mls Name: MichRIC
Mls Provider:
Mls ID: #25014443
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.