5556 W Lake BlvdHartMI49420
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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
Total monthly income runs $798/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 3.48% with $798/mo rent. Return on cash invested shows 6.54% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 31.72% and total cumulative return in cash records $28,919. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $798/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 2024
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49420, Hart, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,918 (100%) |
| Owner Occupied HU | 1,834 (62.9%) |
| Renter Occupied HU | 541 (18.5%) |
| Vacant Housing Units | 543 (18.6%) |
| Median Home Value | $178,297 |
| Average Home Value | $224,875 |
Housing Distribution
Address Breakdown
Residential
2,618
Single Family
2,527
Multi-Family
91
Businesses
255
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