2455 E Meander LnCedarMI49621
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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 Cedar at 2455 E Meander Ln, Cedar, MI, 49621 earns from $3,971/mo rent with a $4,870/mo payment. Total monthly income totals $3,971/mo. ROI tracks 10.26% on current figures, and rental yield reads 4.79% at a $995,000 purchase. Equity gained on principal adds $6,421/yr, and 5% annual appreciation supports $274,900 over five years. Five-year ROI reaches 51.71% and total cumulative return in cash sums $169,290. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,971/mo property income instead of your personal income.
Single Family
Built in 2003
4.76 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49621, Cedar, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,910 (100%) |
| Owner Occupied HU | 1,237 (64.8%) |
| Renter Occupied HU | 156 ( 8.2%) |
| Vacant Housing Units | 517 (27.1%) |
| Median Home Value | $371,675 |
| Average Home Value | $468,618 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
56
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Listed by: Erica Mohr • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1935497
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.