2838 W Trask Lake RdBarton CityMI48705
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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 $1,889/mo, and a $2,692/mo payment. Purchase price stands at $550,000, and rental yield measures 4.12% with $1,889/mo rent. Return on cash invested shows 8.53% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 42.34% and total cumulative return in cash records $76,618. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,889/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 1885
160 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48705, Barton City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 788 (100%) |
| Owner Occupied HU | 289 (36.7%) |
| Renter Occupied HU | 20 ( 2.5%) |
| Vacant Housing Units | 479 (60.8%) |
| Median Home Value | $171,221 |
| Average Home Value | $212,526 |
Housing Distribution
Address Breakdown
Residential
257
Single Family
257
Multi-Family
0
Businesses
10
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Listed by: Trevor Morin • Michigan Whitetail Properties
Mls Name: MichRIC
Mls ID: #25043641