59 Radny Dr SELowellMI49331
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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
Rental property for sale in Lowell at 59 Radny Dr SE, Lowell, MI, 49331 priced at $548,000 converts $2,874/mo rent into after a $2,682/mo obligation. Total monthly income equals $2,874/mo. Return on cash invested prints 15.14% in year one, and rental yield reads 6.29% against a $548,000 entry. Equity gained on principal adds $3,536/yr, while 5% annual appreciation compiles into $151,402 by year five. Five-year ROI reaches 77.77% and total cumulative return in cash sums $140,214. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,874/mo property income covering a $2,682/mo payment, not borrower’s personal income.
Single Family
Built in 2001
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49331, Lowell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,058 (100%) |
| Owner Occupied HU | 5,833 (82.6%) |
| Renter Occupied HU | 1,025 (14.5%) |
| Vacant Housing Units | 200 ( 2.8%) |
| Median Home Value | $356,764 |
| Average Home Value | $388,759 |
Housing Distribution
Address Breakdown
Residential
7,126
Single Family
6,605
Multi-Family
521
Businesses
398
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