61050 Omo Rd, Lenox, MI, 48048 | 7.72% Rental Yield

For Sale

Listed for sale 4 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $2,540/mo, and a $1,933/mo payment. Purchase price stands at $395,000, and rental yield measures 7.72% with $2,540/mo rent. Return on cash invested shows 19.32% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 100.22% and total cumulative return in cash records $131,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,540/mo property income covering a $1,933/mo payment rather than investor’s personal income.

Single Family

Built in 1974

1.88 Acres lot

$N/A/sqft

No HOA