2474 Metamora RdLapeerMI48446
Nearby investment properties with comparable rents
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 Lapeer at 2474 Metamora Rd, Lapeer, MI, 48446 at $235,000 posts ROI 27.45% with $490/mo cash flow from $2,039/mo rent. Total monthly income equals $2,039/mo, and annual cash flow records $5,874/yr on $77,903 to close. Return on cash invested measures 27.45% and rental yield reads 10.41% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. Five-year ROI prints 143.83% and total cumulative return in cash totals $112,048.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,039/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
6,534 sqft 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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