57329 Sawmill LnLenoxMI48048
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
Rental property for sale in Lenox at 57329 Sawmill Ln, Lenox, MI, 48048 generates $2,218/mo in rent and, after a $685/mo payment, leaves $714/mo in cash flow. Total monthly income is $2,218/mo, and annual cash flow is $8,570/yr on $46,377 invested. Return on cash invested sits at 38.39% in year one, and rental yield is 19.03% on a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 208.02% and total cumulative return in cash sums $96,471. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,218/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
N/A lot
$N/A/sqft
$581 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Samantha Hickey • JD & Associates Realtors
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50148728
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