6302 E Interlochen RdFountainMI49410
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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 Fountain at 6302 E Interlochen Rd, Fountain, MI, 49410 offers $2,138/mo rent that, after a $1,615/mo payment. Total monthly income is $2,138/mo. Return on cash invested measures 19.49% in year one, and rental yield stands at 7.78% at a $329,900 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,145 by year five. Five-year ROI records 101.17% and total cumulative return in cash reaches $110,643. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,138/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49410, Fountain, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,309 (100%) |
| Owner Occupied HU | 648 (49.5%) |
| Renter Occupied HU | 64 ( 4.9%) |
| Vacant Housing Units | 597 (45.6%) |
| Median Home Value | $190,196 |
| Average Home Value | $225,166 |
Housing Distribution
Address Breakdown
Residential
909
Single Family
909
Multi-Family
0
Businesses
19
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