6104 S Glen Lake RdGlen ArborMI49636
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 Glen Arbor at 6104 S Glen Lake Rd, Glen Arbor, MI, 49636 earns from $2,478/mo rent with a $4,234/mo payment. Total monthly income totals $2,478/mo. ROI tracks 6.46% on current figures, and rental yield reads 3.44% at a $865,000 purchase. Equity gained on principal adds $5,582/yr, and 5% annual appreciation supports $238,984 over five years. Five-year ROI reaches 31.2% and total cumulative return in cash sums $88,791. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,478/mo property income instead of your personal income.
Single Family
Built in 1952
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49636, Glen Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 171 (25.4%) |
| Renter Occupied HU | 8 ( 1.2%) |
| Vacant Housing Units | 494 (73.4%) |
| Median Home Value | $878,125 |
| Average Home Value | $1,075,073 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Ranae Ihme • LVR Realty, LLC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1930784
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.