4442 N Lake Shore DrBlack RiverMI48721
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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 Black River at 4442 N Lake Shore Dr, Black River, MI, 48721 earns from $2,702/mo rent with a $3,904/mo payment. Total monthly income totals $2,702/mo. ROI tracks 8.36% on current figures, and rental yield reads 4.06% at a $797,700 purchase. Equity gained on principal adds $5,147/yr, and 5% annual appreciation supports $220,390 over five years. Five-year ROI reaches 41.43% and total cumulative return in cash sums $108,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,702/mo property income instead of your personal income.
Single Family
Built in 1965
44 sqft 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 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
4
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Listed by: Matthew Burt • Dream Quest Realty Team
Mls Name: MichRIC
Mls ID: #25052954