61342 Lewis Lake RdVandaliaMI49095
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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 Vandalia at 61342 Lewis Lake Rd, Vandalia, MI, 49095 earns from $2,735/mo rent with a $2,149/mo payment. Total monthly income totals $2,735/mo. ROI tracks 18.59% on current figures, and rental yield reads 7.48% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 96.28% and total cumulative return in cash sums $140,120. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,735/mo property income instead of your personal income.
Single Family
Built in 2000
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49095, Vandalia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,525 (100%) |
| Owner Occupied HU | 855 (56.1%) |
| Renter Occupied HU | 174 (11.4%) |
| Vacant Housing Units | 496 (32.5%) |
| Median Home Value | $275,586 |
| Average Home Value | $359,711 |
Housing Distribution
Address Breakdown
Residential
760
Single Family
760
Multi-Family
0
Businesses
26
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