405 E Bitely St, Lawton, MI, 49065 | 7.6% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Lawton at 405 E Bitely St, Lawton, MI, 49065 generates $1,432/mo in rent, after a $1,106/mo payment. Total monthly income is $1,432/mo. Return on cash invested sits at 15.68% in year one, and rental yield is 7.6% on a $226,000 entry. Equity gained on principal adds $1,458/yr, while 5% annual appreciation builds toward $62,440 over five years. Five-year ROI reaches 81.88% and total cumulative return in cash sums $61,343. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,432/mo property income rather than buyer’s personal income.

Single Family

Built in 2005

0.40 Acres lot

$N/A/sqft

No HOA