4566 Lantern Ct NW, Comstock Park, MI, 49321 | $1,117/mo Cash Flow

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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 Comstock Park at 4566 Lantern Ct NW, Comstock Park, MI, 49321 offers a 13.61% rental yield on a $235,000 purchase with $2,666/mo rent. Total monthly income registers $2,666/mo, and a $1,150/mo payment leaves $1,117/mo available for distribution. Annual cash flow reaches $13,398/yr on $77,903 to close, and return on cash invested stands at 37.11% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 195.62% and total cumulative return in cash at $152,392. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,666/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

0.60 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,375 (60.8%)
Renter Occupied HU	2,533 (35.2%)
Vacant Housing Units	282 ( 3.9%)
Median Home Value	$311,171
Average Home Value	$337,061