4705 Lonsberry RdColumbiavilleMI48421
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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
Rental property for sale in Columbiaville at 4705 Lonsberry Rd, Columbiaville, MI, 48421 priced at $424,900 converts $3,038/mo rent into $236/mo cash flow after a $2,080/mo obligation. Total monthly income equals $3,038/mo, and annual cash flow totals $2,828/yr on $140,854 invested. Return on cash invested prints 21.92% in year one, and rental yield reads 8.58% against a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,392 by year five. Five-year ROI reaches 114.13% and total cumulative return in cash sums $160,761. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,038/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48421, Columbiaville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,859 (100%) |
| Owner Occupied HU | 2,356 (82.4%) |
| Renter Occupied HU | 241 ( 8.4%) |
| Vacant Housing Units | 262 ( 9.2%) |
| Median Home Value | $233,601 |
| Average Home Value | $259,920 |
Housing Distribution
Address Breakdown
Residential
2,726
Single Family
2,702
Multi-Family
24
Businesses
56
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Listed by: Douglas F Ferrell • Realty Executives Main St LLC
Mls Name: Realcomp II
Mls ID: #20251042989