29 Loggers RunGLEN ARBORMI49636
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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 GLEN ARBOR at 29 Loggers Run, GLEN ARBOR, MI, 49636 priced at $495,000 pairs $3,020/mo rent with after a $2,423/mo payment. Total monthly income equals $3,020/mo. Return on cash invested is 18.12% in year one, and rental yield stands at 7.32% on a $495,000 basis. Equity gained on principal adds $3,194/yr, and 5% annual appreciation accumulates to $136,759 by year five. Five-year ROI measures 93.79% and total cumulative return in cash reaches $153,910. For financing, Ziffy Mortgage’s DSCR program evaluates $3,020/mo property income against a $2,423/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49636, Glen Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 171 (25.4%) |
| Renter Occupied HU | 8 ( 1.2%) |
| Vacant Housing Units | 494 (73.4%) |
| Median Home Value | $878,125 |
| Average Home Value | $1,075,073 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
84
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Listed by: Diane Kemp • Resort Realty at the Homestead
Mls Name: NGLRMLS
Mls ID: #1938313