2368 Langs LnInterlochenMI49643
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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 Interlochen at 2368 Langs Ln, Interlochen, MI, 49643 listed at $510,000 pairs $3,174/mo rent with a $2,496/mo payment. Total monthly income runs $3,174/mo. Return on cash invested measures 18.71% in year one, and rental yield registers 7.47% at a $510,000 basis. Equity gained on principal adds $3,291/yr, and annual property appreciation at 5% supports $140,904 by year five. Five-year ROI tracks 96.89% and total cumulative return in cash totals $162,579. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,174/mo property income relative to a $2,496/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49643, Interlochen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 2,607 (75.9%) |
| Renter Occupied HU | 297 ( 8.6%) |
| Vacant Housing Units | 530 (15.4%) |
| Median Home Value | $297,062 |
| Average Home Value | $389,578 |
Housing Distribution
Address Breakdown
Residential
3,118
Single Family
3,051
Multi-Family
67
Businesses
163
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Listed by: Lexa Ferrill • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls ID: #1938223