2929 Montcalm Ave SELowellMI49331
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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 Lowell at 2929 Montcalm Ave SE, Lowell, MI, 49331 earns $235/mo cash flow from $2,707/mo rent with a $1,835/mo payment. Total monthly income totals $2,707/mo, and annual cash flow totals $2,814/yr on $124,313 capital. ROI tracks 22.17% on current figures, and rental yield reads 8.66% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 115.52% and total cumulative return in cash sums $143,607. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,707/mo property income instead of your personal income.
Manufactured
Built in 2001
4.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49331, Lowell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,058 (100%) |
| Owner Occupied HU | 5,833 (82.6%) |
| Renter Occupied HU | 1,025 (14.5%) |
| Vacant Housing Units | 200 ( 2.8%) |
| Median Home Value | $356,764 |
| Average Home Value | $388,759 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,605
Multi-Family
521
Businesses
398
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