6041 County Road 612LewistonMI49756
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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 Lewiston at 6041 County Road 612, Lewiston, MI, 49756 generates $806/mo in rent and, after a $516/mo payment, leaves $111/mo in cash flow. Total monthly income is $806/mo, and annual cash flow is $1,328/yr on $34,973 invested. Return on cash invested sits at 23.71% in year one, and rental yield is 9.17% on a $105,500 entry. Equity gained on principal adds $681/yr, while 5% annual appreciation builds toward $29,148 over five years. Five-year ROI reaches 123.77% and total cumulative return in cash sums $43,287. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $806/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.50 Acres 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
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