4499 Lamarche CirTraverse CityMI49685
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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 Traverse City at 4499 Lamarche Cir, Traverse City, MI, 49685 offers a 8.23% rental yield on a $419,900 purchase with $2,879/mo rent. Total monthly income registers $2,879/mo, and a $2,055/mo payment leaves $110/mo available for distribution. Annual cash flow reaches $1,322/yr on $139,197 to close, and return on cash invested stands at 20.86% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,011 over five years. Portfolio math shows five-year ROI at 108.49% and total cumulative return in cash at $151,020. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,879/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49685, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 6,995 (73.5%) |
| Renter Occupied HU | 1,772 (18.6%) |
| Vacant Housing Units | 745 ( 7.8%) |
| Median Home Value | $362,492 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
9,147
Single Family
8,029
Multi-Family
1,118
Businesses
850
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Listed by: Kaylyn Ducommun • Kultura Real Estate
Mls Name: NGLRMLS
Mls ID: #1940971