5652 Genesee AveOtter LakeMI48464
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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 Otter Lake at 5652 Genesee Ave, Otter Lake, MI, 48464 earns $127/mo cash flow from $786/mo rent with a $489/mo payment. Total monthly income totals $786/mo, and annual cash flow totals $1,524/yr on $33,150 capital. ROI tracks 24.51% on current figures, and rental yield reads 9.43% at a $100,000 purchase. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 over five years. Five-year ROI reaches 128.01% and total cumulative return in cash sums $42,436. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $786/mo property income instead of your personal income.
Single Family
Built in N/A
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48464, Otter Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 955 (100%) |
| Owner Occupied HU | 727 (76.1%) |
| Renter Occupied HU | 73 ( 7.6%) |
| Vacant Housing Units | 155 (16.2%) |
| Median Home Value | $223,295 |
| Average Home Value | $245,330 |
Housing Distribution
Address Breakdown
Residential
809
Single Family
809
Multi-Family
0
Businesses
21
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A