5303 Lake Rd, Reading, MI, 49274 | 7.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1473 sft

3591 Steamburg Rd, Hillsdale, MI, 49242

3 Bed
1 Bath
1080 sft

100 Ln 130 Lake George, Fremont, IN, 46737

Investment Property+ 3 more

2 Bed
2 Bath
2050 sft

6003 Lake Rd, Osseo, MI, 49266

3 Bed
1 Bath
1704 sft

414 E Union St, Coldwater, MI, 49036

Nearby investment properties with comparable prices

- Bed
2 Bath
1560 sft

10556 Herring Rd, Litchfield, MI, 49252

3 Bed
2 Bath
1488 sft

180 E 620 N, Fremont, IN, 46737

3 Bed
3 Bath
2023 sft

63 S Broad St, Hillsdale, MI, 49242

3 Bed
2 Bath
1548 sft

1130 Squawfield Rd, Hillsdale, MI, 49242

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Reading at 5303 Lake Rd, Reading, MI, 49274 offers a 7.64% rental yield on a $350,000 purchase with $2,227/mo rent. 07% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 98.88% and total cumulative return in cash at $114,722. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,227/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

0.48 Acres lot

$N/A/sqft

No HOA