230 Ingersoll Rd SWFife LakeMI49633
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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
Rental property for sale in Fife Lake at 230 Ingersoll Rd SW, Fife Lake, MI, 49633 priced at $265,000 pairs $2,014/mo rent with $267/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,014/mo, and annual cash flow comes to $3,198/yr on $87,848 invested. Return on cash invested is 23.55% in year one, and rental yield stands at 9.12% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 122.9% and total cumulative return in cash reaches $107,967. For financing, Ziffy Mortgage’s DSCR program evaluates $2,014/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1996
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
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