2769 Naples CtLapeerMI48446
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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
Rental property for sale in Lapeer at 2769 Naples Ct, Lapeer, MI, 48446 generates $2,063/mo in rent and, after a $1,115/mo payment, leaves $561/mo in cash flow. Total monthly income is $2,063/mo, and annual cash flow is $6,727/yr on $75,549 invested. Return on cash invested sits at 28.81% in year one, and rental yield is 10.86% on a $227,900 entry. Equity gained on principal adds $1,471/yr, while 5% annual appreciation builds toward $62,965 over five years. Five-year ROI reaches 151.13% and total cumulative return in cash sums $114,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,063/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
5,227 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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