584 Wild Turkey LnLewistonMI49756
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 Lewiston at 584 Wild Turkey Ln, Lewiston, MI, 49756 at $163,000 posts ROI 27.3% with $333/mo cash flow from $1,408/mo rent. Total monthly income equals $1,408/mo, and annual cash flow records $3,995/yr on $54,035 to close. Return on cash invested measures 27.3% and rental yield reads 10.37% at the current $163,000. Equity gained on principal adds $1,052/yr, and 5% annual appreciation supports $45,034 by year five. Five-year ROI prints 143.01% and total cumulative return in cash totals $77,275.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,408/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49756, Lewiston, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,461 (100%) |
| Owner Occupied HU | 1,726 (38.7%) |
| Renter Occupied HU | 227 ( 5.1%) |
| Vacant Housing Units | 2,508 (56.2%) |
| Median Home Value | $218,037 |
| Average Home Value | $232,378 |
Housing Distribution
Address Breakdown
Residential
2,143
Single Family
2,101
Multi-Family
42
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices