555 S Lakeside DrMichigan CenterMI49254
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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 Michigan Center at 555 S Lakeside Dr, Michigan Center, MI, 49254 with 5% annual appreciation on a $385,000 basis while $1,983/mo rent supports operations. 69% in year one. Equity gained on principal adds $2,484/yr, and five-year appreciation sums $106,368 alongside rental yield of 6.18%. Five-year ROI measures 75.38% and total cumulative return in cash totals $96,202. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,983/mo property income versus a $1,884/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49254, Michigan Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,517 (100%) |
| Owner Occupied HU | 1,167 (76.9%) |
| Renter Occupied HU | 227 (15.0%) |
| Vacant Housing Units | 123 ( 8.1%) |
| Median Home Value | $208,133 |
| Average Home Value | $235,548 |
Housing Distribution
Address Breakdown
Residential
1,436
Single Family
1,432
Multi-Family
4
Businesses
191
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Listed by: KAYLA DOMINIQUE • HOWARD HANNA REAL ESTATE SERVI
Mls Name: MichRIC
Mls Provider:
Mls ID: #25021247
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.