3007 Round Lake DrMichigan CenterMI49254








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Nearby investment properties with comparable prices

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 Michigan Center at 3007 Round Lake Dr, Michigan Center, MI, 49254 listed at $197,750 pairs $1,433/mo rent with a $968/mo payment to leave $129/mo cash flow. Total monthly income runs $1,433/mo, and annual cash flow reaches $1,546/yr on $65,554 cash to close. Return on cash invested measures 22.27% in year one, and rental yield registers 8.7% at a $197,750 basis. Equity gained on principal adds $1,276/yr, and annual property appreciation at 5% supports $54,635 by year five. Five-year ROI tracks 116.02% and total cumulative return in cash totals $76,053. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,433/mo property income relative to a $968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1977
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
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Nearby investment properties with comparable prices



Listed by: HEATHER HERNDON • HOWARD HANNA REAL ESTATE SERVI
Mls Name: MichRIC
Mls Provider:
Mls ID: #25041198
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.








