3969 Murray View Ave NELowellMI49331
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
Rental property for sale in Lowell at 3969 Murray View Ave NE, Lowell, MI, 49331 priced at $599,900 converts $3,676/mo rent into after a $2,936/mo obligation. Total monthly income equals $3,676/mo. Return on cash invested prints 18.35% in year one, and rental yield reads 7.35% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 94.99% and total cumulative return in cash sums $187,480. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,676/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.33 Acres lot
$N/A/sqft
$25 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49331, Lowell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,058 (100%) |
| Owner Occupied HU | 5,833 (82.6%) |
| Renter Occupied HU | 1,025 (14.5%) |
| Vacant Housing Units | 200 ( 2.8%) |
| Median Home Value | $356,764 |
| Average Home Value | $388,759 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,605
Multi-Family
521
Businesses
398
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
