211 Bluff AveEastlakeMI49626
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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 Eastlake at 211 Bluff Ave, Eastlake, MI, 49626 uses $187,497 cash to close to unlock $14,618/yr annual cash flow and $1,218/mo monthly cash flow. Total monthly income runs $4,976/mo, and a $2,789/mo payment keeps the spread at $1,218/mo. Purchase price stands at $569,900, and rental yield measures 10.48% with $4,976/mo rent. Return on cash invested shows 27.86% in year one, and 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 145.98% and total cumulative return in cash records $273,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,976/mo property income covering a $2,789/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49626, Eastlake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
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