466 Poplar StLake LindenMI49945
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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 Lake Linden at 466 Poplar St, Lake Linden, MI, 49945 earns $182/mo cash flow from $1,184/mo rent with a $744/mo payment. Total monthly income totals $1,184/mo, and annual cash flow totals $2,179/yr on $50,388 capital. ROI tracks 24.23% on current figures, and rental yield reads 9.35% at a $152,000 purchase. Equity gained on principal adds $981/yr, and 5% annual appreciation supports $41,995 over five years. Five-year ROI reaches 126.6% and total cumulative return in cash sums $63,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,184/mo property income instead of your personal income.
Single Family
Built in 1900
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49945, Lake Linden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,298 (100%) |
| Owner Occupied HU | 1,157 (50.3%) |
| Renter Occupied HU | 215 ( 9.4%) |
| Vacant Housing Units | 926 (40.3%) |
| Median Home Value | $164,756 |
| Average Home Value | $217,137 |
Housing Distribution
Address Breakdown
Residential
1,506
Single Family
1,432
Multi-Family
74
Businesses
54
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Listed by: DARREN LASANEN • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls ID: #50189690