511 Avery StLowellMI49331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lowell at 511 Avery St, Lowell, MI, 49331 at $248,000 posts ROI 37.99% with $1,238/mo cash flow from $2,874/mo rent. Total monthly income equals $2,874/mo, and annual cash flow records $14,861/yr on $82,212 to close. Return on cash invested measures 37.99% and rental yield reads 13.91% at the current $248,000. Equity gained on principal adds $1,600/yr, and 5% annual appreciation supports $68,518 by year five. Five-year ROI prints 200.34% and total cumulative return in cash totals $164,706.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,874/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49331, Lowell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,058 (100%) |
| Owner Occupied HU | 5,833 (82.6%) |
| Renter Occupied HU | 1,025 (14.5%) |
| Vacant Housing Units | 200 ( 2.8%) |
| Median Home Value | $356,764 |
| Average Home Value | $388,759 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,605
Multi-Family
521
Businesses
398
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