6356 Squire Lake DrFlushingMI48433
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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
Investment property for sale in Flushing at 6356 Squire Lake Dr, Flushing, MI, 48433 earns $297/mo cash flow from $1,648/mo rent with a $1,003/mo payment. Total monthly income totals $1,648/mo, and annual cash flow totals $3,558/yr on $67,957 capital. ROI tracks 25.14% on current figures, and rental yield reads 9.65% at a $204,999 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,637 over five years. Five-year ROI reaches 131.47% and total cumulative return in cash sums $89,345. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,648/mo property income instead of your personal income.
Condo
Built in 1991
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48433, Flushing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,185 (100%) |
| Owner Occupied HU | 9,088 (81.3%) |
| Renter Occupied HU | 1,653 (14.8%) |
| Vacant Housing Units | 444 ( 4.0%) |
| Median Home Value | $229,089 |
| Average Home Value | $251,208 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
10,558
Multi-Family
539
Businesses
539
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