2217 Miark DrLapeerMI48446
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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 Lapeer at 2217 Miark Dr, Lapeer, MI, 48446 earns $557/mo cash flow from $2,726/mo rent with a $1,610/mo payment. Total monthly income totals $2,726/mo, and annual cash flow totals $6,680/yr on $109,063 capital. ROI tracks 26.03% on current figures, and rental yield reads 9.94% at a $328,999 purchase. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,896 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash sums $148,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,726/mo property income instead of your personal income.
Single Family
Built in 2004
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48446, Lapeer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 10,000 (75.8%) |
| Renter Occupied HU | 2,521 (19.1%) |
| Vacant Housing Units | 676 ( 5.1%) |
| Median Home Value | $233,283 |
| Average Home Value | $262,271 |
Housing Distribution
Address Breakdown
Residential
12,832
Single Family
11,994
Multi-Family
838
Businesses
1,078
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