5 Meadowood LnLakesideMI49116
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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
Total monthly income runs $4,505/mo, and a $5,102/mo payment. Purchase price stands at $1,042,300, and rental yield measures 5.19% with $4,505/mo rent. Return on cash invested shows 11.95% in year one, and 5% annual appreciation builds toward $287,968 over five years. Five-year ROI reaches 60.64% and total cumulative return in cash records $204,768. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,505/mo property income covering a $5,102/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49116, Lakeside, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 448 (100%) |
| Owner Occupied HU | 153 (34.2%) |
| Renter Occupied HU | 11 ( 2.5%) |
| Vacant Housing Units | 284 (63.4%) |
| Median Home Value | $535,256 |
| Average Home Value | $661,667 |
Housing Distribution
Address Breakdown
Residential
220
Single Family
220
Multi-Family
0
Businesses
7
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