4496 Osage DrSix LakesMI48886
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 Six Lakes at 4496 Osage Dr, Six Lakes, MI, 48886 offers $1,457/mo rent that, after a $719/mo payment, leaves $488/mo cash flow. Total monthly income is $1,457/mo, and annual cash flow is $5,857/yr on $48,731 cash. Return on cash invested measures 31.93% in year one, and rental yield stands at 11.89% at a $147,000 entry. Equity gained on principal adds $949/yr while 5% annual appreciation compounds into $40,613 by year five. Five-year ROI records 167.92% and total cumulative return in cash reaches $81,828. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,457/mo property income versus a $719/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48886, Six Lakes, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 842 (63.2%) |
| Renter Occupied HU | 115 ( 8.6%) |
| Vacant Housing Units | 376 (28.2%) |
| Median Home Value | $200,938 |
| Average Home Value | $213,625 |
Housing Distribution
Address Breakdown
Residential
946
Single Family
946
Multi-Family
0
Businesses
35
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Nearby investment properties with comparable prices
