2933 Cedar Hills LnTwin LakeMI49457
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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 Twin Lake at 2933 Cedar Hills Ln, Twin Lake, MI, 49457 uses $155,142 cash to close to unlock $9,185/yr annual cash flow and $765/mo monthly cash flow. Total monthly income runs $3,852/mo, and a $2,291/mo payment keeps the spread at $765/mo. Purchase price stands at $468,000, and rental yield measures 9.88% with $3,852/mo rent. Return on cash invested shows 25.83% in year one, and 5% annual appreciation builds toward $129,300 over five years. Five-year ROI reaches 135.13% and total cumulative return in cash records $209,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,852/mo property income covering a $2,291/mo payment rather than investor’s personal income.
Single Family
Built in 2007
5.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49457, Twin Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,479 (100%) |
| Owner Occupied HU | 3,772 (84.2%) |
| Renter Occupied HU | 316 ( 7.1%) |
| Vacant Housing Units | 391 ( 8.7%) |
| Median Home Value | $258,877 |
| Average Home Value | $290,128 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,301
Multi-Family
0
Businesses
82
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