5548 N Lapeer RdNorth BranchMI48461
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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 North Branch at 5548 N Lapeer Rd, North Branch, MI, 48461 generates $1,616/mo in rent, after a $1,713/mo payment. Total monthly income is $1,616/mo. Return on cash invested sits at 12.75% in year one, and rental yield is 5.54% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 65.03% and total cumulative return in cash sums $75,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,616/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48461, North Branch, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,133 (100%) |
| Owner Occupied HU | 2,573 (82.1%) |
| Renter Occupied HU | 374 (11.9%) |
| Vacant Housing Units | 186 ( 5.9%) |
| Median Home Value | $240,656 |
| Average Home Value | $290,291 |
Housing Distribution
Address Breakdown
Residential
3,075
Single Family
2,978
Multi-Family
97
Businesses
130
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Listed by: Marie B Moore • Solutions Realty Group LLC
Mls Name: Realcomp II
Mls ID: #20251049500