37 W Raymond RdTwin LakeMI49457
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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 Twin Lake at 37 W Raymond Rd, Twin Lake, MI, 49457 priced at $260,000 pairs $1,627/mo rent with after a $1,273/mo payment. Total monthly income equals $1,627/mo. Return on cash invested is 18.68% in year one, and rental yield stands at 7.51% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 96.8% and total cumulative return in cash reaches $83,429. For financing, Ziffy Mortgage’s DSCR program evaluates $1,627/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49457, Twin Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,479 (100%) |
| Owner Occupied HU | 3,772 (84.2%) |
| Renter Occupied HU | 316 ( 7.1%) |
| Vacant Housing Units | 391 ( 8.7%) |
| Median Home Value | $258,877 |
| Average Home Value | $290,128 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,301
Multi-Family
0
Businesses
82
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