3604 Lo Al DrRavennaMI49451
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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 Ravenna at 3604 Lo Al Dr, Ravenna, MI, 49451 listed at $499,900 pairs $3,479/mo rent with a $2,447/mo payment to leave $182/mo cash flow. Total monthly income runs $3,479/mo, and annual cash flow reaches $2,186/yr on $165,717 cash to close. Return on cash invested measures 21.23% in year one, and rental yield registers 8.35% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 110.47% and total cumulative return in cash totals $183,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,479/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49451, Ravenna, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,211 (100%) |
| Owner Occupied HU | 1,916 (86.7%) |
| Renter Occupied HU | 208 ( 9.4%) |
| Vacant Housing Units | 87 ( 3.9%) |
| Median Home Value | $269,377 |
| Average Home Value | $315,956 |
Housing Distribution
Address Breakdown
Residential
2,313
Single Family
2,229
Multi-Family
84
Businesses
116
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