621 S Lincoln AveLakeviewMI48850
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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 Lakeview at 621 S Lincoln Ave, Lakeview, MI, 48850 priced at $360,000 pairs $3,486/mo rent with $1,112/mo cash flow after a $1,762/mo payment. Total monthly income equals $3,486/mo, and annual cash flow comes to $13,344/yr on $119,340 invested. Return on cash invested is 31.09% in year one, and rental yield stands at 11.62% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 163.32% and total cumulative return in cash reaches $194,901. For financing, Ziffy Mortgage’s DSCR program evaluates $3,486/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48850, Lakeview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,457 (69.3%) |
| Renter Occupied HU | 269 (12.8%) |
| Vacant Housing Units | 375 (17.8%) |
| Median Home Value | $215,774 |
| Average Home Value | $228,914 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,800
Multi-Family
40
Businesses
125
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