564 Lake DrColdwaterMI49036
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 Coldwater at 564 Lake Dr, Coldwater, MI, 49036 with 5% annual appreciation on a $1,100,000 basis while $3,071/mo rent supports operations. 29% in year one. Equity gained on principal adds $7,098/yr, and five-year appreciation sums $303,910 alongside rental yield of 3.35%. Five-year ROI measures 30.23% and total cumulative return in cash totals $107,731. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,071/mo property income versus a $5,384/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49036, Coldwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,077 (100%) |
| Owner Occupied HU | 6,734 (55.8%) |
| Renter Occupied HU | 2,756 (22.8%) |
| Vacant Housing Units | 2,587 (21.4%) |
| Median Home Value | $166,465 |
| Average Home Value | $212,591 |
Housing Distribution
Address Breakdown
Residential
11,009
Single Family
10,036
Multi-Family
973
Businesses
866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices