27221 Bootjack RdLake LindenMI49945
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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
Investment property for sale in Lake Linden at 27221 Bootjack Rd, Lake Linden, MI, 49945 listed at $130,000 pairs $0/mo rent with a $636/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.95% in year one, and rental yield registers 0% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2015
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49945, Lake Linden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,298 (100%) |
| Owner Occupied HU | 1,157 (50.3%) |
| Renter Occupied HU | 215 ( 9.4%) |
| Vacant Housing Units | 926 (40.3%) |
| Median Home Value | $164,756 |
| Average Home Value | $217,137 |
Housing Distribution
Address Breakdown
Residential
1,506
Single Family
1,432
Multi-Family
74
Businesses
54
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No similar rental properties found nearby.
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Listed by: NOAH JUKURI • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls ID: #50184566