29209 62nd Ave, Lawton, MI, 49065 | 7.63% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1440 sft

10348 Oakland Dr, Portage, MI, 49024

3 Bed
1 Bath
1505 sft

1515 Cambridge Dr, Kalamazoo, MI, 49001

3 Bed
1 Bath
1176 sft

51920 Lawrence Rd, Marcellus, MI, 49067

3 Bed
1 Bath
1500 sft

2694 W D Ave, Kalamazoo, MI, 49009

Nearby investment properties with comparable prices

3 Bed
2 Bath
2188 sft

1505 Spruce Brook Rd, Kalamazoo, MI, 49048

4 Bed
2 Bath
1770 sft

6827 Marlow St, Portage, MI, 49024

3 Bed
2 Bath
1320 sft

6325 Avon St, Portage, MI, 49024

4 Bed
2 Bath
1668 sft

6426 Sussex St, Portage, MI, 49024

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Lawton at 29209 62nd Ave, Lawton, MI, 49065 offers a 7.63% rental yield on a $340,000 purchase with $2,161/mo rent. 05% in year one. Equity gained on principal adds $2,194/yr while 5% annual appreciation supports $93,936 over five years. Portfolio math shows five-year ROI at 98.74% and total cumulative return in cash at $111,294. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,161/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2018

0.76 Acres lot

$N/A/sqft

No HOA