551 N Rock Lake DrVestaburgMI48891
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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 Vestaburg at 551 N Rock Lake Dr, Vestaburg, MI, 48891 with 5% annual appreciation on a $270,000 basis while $1,379/mo rent supports operations. 52% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 6.13%. Five-year ROI measures 74.45% and total cumulative return in cash totals $66,637. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,379/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48891, Vestaburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,310 (100%) |
| Owner Occupied HU | 1,009 (77.0%) |
| Renter Occupied HU | 154 (11.8%) |
| Vacant Housing Units | 147 (11.2%) |
| Median Home Value | $200,896 |
| Average Home Value | $211,843 |
Housing Distribution
Address Breakdown
Residential
1,147
Single Family
1,147
Multi-Family
0
Businesses
48
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