2401 Country Club WayAlbionMI49224
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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 $2,393/mo, and a $4,158/mo payment. Purchase price stands at $849,500, and rental yield measures 3.38% with $2,393/mo rent. Return on cash invested shows 6.28% in year one, and 5% annual appreciation builds toward $234,701 over five years. Five-year ROI reaches 30.26% and total cumulative return in cash records $84,573. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $4,158/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49224, Albion, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,490 (100%) |
| Owner Occupied HU | 3,476 (63.3%) |
| Renter Occupied HU | 1,364 (24.8%) |
| Vacant Housing Units | 650 (11.8%) |
| Median Home Value | $160,488 |
| Average Home Value | $216,057 |
Housing Distribution
Address Breakdown
Residential
5,185
Single Family
4,993
Multi-Family
192
Businesses
313
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Listed by: Laura Ann DeLong • DeLong and Co.
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #281060
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS