60771 Lutz RdThree RiversMI49093
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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 Three Rivers at 60771 Lutz Rd, Three Rivers, MI, 49093 generates $2,737/mo in rent, after a $2,071/mo payment. Total monthly income is $2,737/mo. Return on cash invested sits at 19.45% in year one, and rental yield is 7.76% on a $423,100 entry. Equity gained on principal adds $2,730/yr, while 5% annual appreciation builds toward $116,895 over five years. Five-year ROI reaches 100.94% and total cumulative return in cash sums $141,572. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,443 (100%) |
| Owner Occupied HU | 5,489 (65.0%) |
| Renter Occupied HU | 1,816 (21.5%) |
| Vacant Housing Units | 1,138 (13.5%) |
| Median Home Value | $186,504 |
| Average Home Value | $233,407 |
Housing Distribution
Address Breakdown
Residential
8,248
Single Family
7,525
Multi-Family
723
Businesses
613
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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