6387 N Larson RdFountainMI49410
Nearby investment properties with comparable rents
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 Fountain at 6387 N Larson Rd, Fountain, MI, 49410 earns $161/mo cash flow from $2,816/mo rent with a $1,958/mo payment. Total monthly income totals $2,816/mo, and annual cash flow totals $1,936/yr on $132,600 capital. ROI tracks 21.37% on current figures, and rental yield reads 8.45% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 111.28% and total cumulative return in cash sums $147,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,816/mo property income instead of your personal income.
Single Family
Built in 1970
0.45 Acres lot
$N/A/sqft
$200 annually 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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