310 Round Lake RdVermontvilleMI49096
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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 Vermontville at 310 Round Lake Rd, Vermontville, MI, 49096 generates $1,219/mo in rent and, after a $671/mo payment, leaves $315/mo in cash flow. Total monthly income is $1,219/mo, and annual cash flow is $3,781/yr on $45,416 invested. Return on cash invested sits at 28.23% in year one, and rental yield is 10.68% on a $137,000 entry. Equity gained on principal adds $884/yr, while 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 148.16% and total cumulative return in cash sums $67,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,219/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49096, Vermontville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,240 (100%) |
| Owner Occupied HU | 1,002 (80.8%) |
| Renter Occupied HU | 164 (13.2%) |
| Vacant Housing Units | 74 ( 6.0%) |
| Median Home Value | $253,727 |
| Average Home Value | $293,565 |
Housing Distribution
Address Breakdown
Residential
1,200
Single Family
1,184
Multi-Family
16
Businesses
36
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Listed by: Jayda Sprengelmeyer • Gatehouse Real Estate LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25012098
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.