5877 Lake Five Ln EKalkaskaMI49646
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 Kalkaska at 5877 Lake Five Ln E, Kalkaska, MI, 49646 earns from $3,637/mo rent with a $5,262/mo payment. Total monthly income totals $3,637/mo. ROI tracks 8.47% on current figures, and rental yield reads 4.06% at a $1,075,000 purchase. Equity gained on principal adds $6,937/yr, and 5% annual appreciation supports $297,003 over five years. Five-year ROI reaches 41.98% and total cumulative return in cash sums $146,202. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,637/mo property income instead of your personal income.
Single Family
Built in 1998
25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49646, Kalkaska, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,598 (100%) |
| Owner Occupied HU | 3,048 (54.4%) |
| Renter Occupied HU | 636 (11.4%) |
| Vacant Housing Units | 1,914 (34.2%) |
| Median Home Value | $179,590 |
| Average Home Value | $218,947 |
Housing Distribution
Address Breakdown
Residential
3,820
Single Family
3,577
Multi-Family
243
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices