20908 Lakola RdTustinMI49688
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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
Total monthly income runs $2,154/mo, and a $2,056/mo payment. Purchase price stands at $420,000, and rental yield measures 6.15% with $2,154/mo rent. Return on cash invested shows 14.6% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 74.89% and total cumulative return in cash records $104,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,154/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 1992
34.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49688, Tustin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,286 (100%) |
| Owner Occupied HU | 934 (72.6%) |
| Renter Occupied HU | 102 ( 7.9%) |
| Vacant Housing Units | 250 (19.4%) |
| Median Home Value | $202,395 |
| Average Home Value | $251,229 |
Housing Distribution
Address Breakdown
Residential
1,037
Single Family
1,037
Multi-Family
0
Businesses
48
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