61 Harbour View PointLinwoodMI48634
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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
Investment property for sale in Linwood at 61 Harbour View Point, Linwood, MI, 48634 earns $969/mo cash flow from $2,881/mo rent with a $1,419/mo payment. Total monthly income totals $2,881/mo, and annual cash flow totals $11,630/yr on $96,102 capital. ROI tracks 32.01% on current figures, and rental yield reads 11.93% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 168.31% and total cumulative return in cash sums $161,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,881/mo property income instead of your personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48634, Linwood, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,839 (100%) |
| Owner Occupied HU | 1,608 (87.4%) |
| Renter Occupied HU | 155 ( 8.4%) |
| Vacant Housing Units | 76 ( 4.1%) |
| Median Home Value | $203,968 |
| Average Home Value | $247,979 |
Housing Distribution
Address Breakdown
Residential
1,683
Single Family
1,667
Multi-Family
16
Businesses
100
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