3434 S Otter Creek RdLa SalleMI48145
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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 La Salle at 3434 S Otter Creek Rd, La Salle, MI, 48145 earns $351/mo cash flow from $1,861/mo rent with a $1,121/mo payment. Total monthly income totals $1,861/mo, and annual cash flow totals $4,208/yr on $75,914 capital. ROI tracks 25.45% on current figures, and rental yield reads 9.75% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 133.12% and total cumulative return in cash sums $101,057. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,861/mo property income instead of your personal income.
Single Family
Built in 1969
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48145, La Salle, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,521 (100%) |
| Owner Occupied HU | 1,313 (86.3%) |
| Renter Occupied HU | 118 ( 7.8%) |
| Vacant Housing Units | 90 ( 5.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $314,006 |
Housing Distribution
Address Breakdown
Residential
1,403
Single Family
1,403
Multi-Family
0
Businesses
41
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