4388 N Lake Shore Dr, Black River, MI, 48721 | 4.16% Rental Yield

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Ziffy Mortgage

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

Investment property for sale in Black River at 4388 N Lake Shore Dr, Black River, MI, 48721 offers a 4.16% rental yield on a $549,700 purchase with $1,906/mo rent. 65% in year one. Equity gained on principal adds $3,547/yr while 5% annual appreciation supports $151,872 over five years. Portfolio math shows five-year ROI at 42.98% and total cumulative return in cash at $77,736. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,906/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48721, Black River, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	369 (100%)
Owner Occupied HU	202 (54.7%)
Renter Occupied HU	12 ( 3.3%)
Vacant Housing Units	155 (42.0%)
Median Home Value	$210,000
Average Home Value	$255,124