32065 Lakepoint StChesterfieldMI48047
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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 Chesterfield at 32065 Lakepoint St, Chesterfield, MI, 48047 earns $543/mo cash flow from $2,192/mo rent with a $1,224/mo payment. Total monthly income totals $2,192/mo, and annual cash flow totals $6,516/yr on $82,875 capital. ROI tracks 27.77% on current figures, and rental yield reads 10.52% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 145.52% and total cumulative return in cash sums $120,598. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,192/mo property income instead of your personal income.
Single Family
Built in 1975
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48047, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,500 (100%) |
| Owner Occupied HU | 13,018 (78.9%) |
| Renter Occupied HU | 2,935 (17.8%) |
| Vacant Housing Units | 547 ( 3.3%) |
| Median Home Value | $331,383 |
| Average Home Value | $354,784 |
Housing Distribution
Address Breakdown
Residential
16,408
Single Family
15,958
Multi-Family
450
Businesses
771
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Listed by: Brennen Clarke • Golden Key Realty Group LLC
Mls Name: MichRIC
Mls ID: #25062855