5696 S Lake Shore DrRemusMI49340
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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 Remus at 5696 S Lake Shore Dr, Remus, MI, 49340 earns $287/mo cash flow from $1,738/mo rent with a $1,077/mo payment. Total monthly income totals $1,738/mo, and annual cash flow totals $3,444/yr on $72,930 capital. ROI tracks 24.63% on current figures, and rental yield reads 9.48% at a $220,000 purchase. Equity gained on principal adds $1,420/yr, and 5% annual appreciation supports $60,782 over five years. Five-year ROI reaches 128.69% and total cumulative return in cash sums $93,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,738/mo property income instead of your personal income.
Manufactured
Built in 2004
3.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49340, Remus, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,331 (100%) |
| Owner Occupied HU | 1,047 (78.7%) |
| Renter Occupied HU | 160 (12.0%) |
| Vacant Housing Units | 124 ( 9.3%) |
| Median Home Value | $196,680 |
| Average Home Value | $219,105 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,160
Multi-Family
49
Businesses
64
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