330 E James StLawrenceMI49064
Nearby investment properties with comparable rents
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 Lawrence at 330 E James St, Lawrence, MI, 49064 with 5% annual appreciation on a $185,000 basis while $1,463/mo rent supports operations. Total monthly income totals $1,463/mo and a $905/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,922/yr on $61,328 deployed, and return on cash invested reaches 24.67% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.49%. Five-year ROI measures 128.95% and total cumulative return in cash totals $79,083.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,463/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1913
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49064, Lawrence, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,813 (100%) |
| Owner Occupied HU | 1,180 (65.1%) |
| Renter Occupied HU | 261 (14.4%) |
| Vacant Housing Units | 372 (20.5%) |
| Median Home Value | $235,714 |
| Average Home Value | $276,869 |
Housing Distribution
Address Breakdown
Residential
1,640
Single Family
1,539
Multi-Family
101
Businesses
86
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