561 Bear Lake CtKimballMI48074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kimball at 561 Bear Lake Ct, Kimball, MI, 48074 at $124,900 posts ROI 35.55% with $540/mo cash flow from $1,363/mo rent. Total monthly income equals $1,363/mo, and annual cash flow records $6,476/yr on $41,404 to close. Return on cash invested measures 35.55% and rental yield reads 13.1% at the current $124,900. Equity gained on principal adds $806/yr, and 5% annual appreciation supports $34,508 by year five. Five-year ROI prints 187.28% and total cumulative return in cash totals $77,542.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,363/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 1998
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48074, Smiths Creek, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,000 (100%) |
| Owner Occupied HU | 3,330 (83.2%) |
| Renter Occupied HU | 461 (11.5%) |
| Vacant Housing Units | 209 ( 5.2%) |
| Median Home Value | $225,147 |
| Average Home Value | $291,718 |
Housing Distribution
Address Breakdown
Residential
3,932
Single Family
3,931
Multi-Family
1
Businesses
197
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