452 Long Lake RdColonMI49040
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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 Colon at 452 Long Lake Rd, Colon, MI, 49040 with 5% annual appreciation on a $217,500 basis while $2,239/mo rent supports operations. Total monthly income totals $2,239/mo and a $1,065/mo payment preserves $804/mo for cash returns. Annual cash flow comes to $9,651/yr on $72,101 deployed, and return on cash invested reaches 33.29% in year one. Equity gained on principal adds $1,403/yr, and five-year appreciation sums $60,091 alongside rental yield of 12.35%. Five-year ROI measures 175.18% and total cumulative return in cash totals $126,306.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,239/mo property income versus a $1,065/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49040, Colon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,797 (100%) |
| Owner Occupied HU | 1,063 (59.2%) |
| Renter Occupied HU | 256 (14.2%) |
| Vacant Housing Units | 478 (26.6%) |
| Median Home Value | $200,926 |
| Average Home Value | $263,335 |
Housing Distribution
Address Breakdown
Residential
1,380
Single Family
1,380
Multi-Family
0
Businesses
57
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