6450 W Lincoln RdElwellMI48832
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 6450 W Lincoln Rd, Elwell, MI, 48832 in Elwell fits: $259,000, 0% gross yield, and a projected 5% annual appreciation rate adding $71,557 in value within five years. Rental yield 0%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.00) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $600 |
City averages based on Elwell market data in our database. Property projections are estimates.
Single Family
Built in 1972
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48832, Elwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 653 (100%) |
| Owner Occupied HU | 538 (82.4%) |
| Renter Occupied HU | 50 ( 7.7%) |
| Vacant Housing Units | 65 ( 10.0%) |
| Median Home Value | $168,077 |
| Average Home Value | $195,367 |
Housing Distribution
Address Breakdown
Residential
563
Single Family
563
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1972
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48832, Elwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 653 (100%) |
| Owner Occupied HU | 538 (82.4%) |
| Renter Occupied HU | 50 ( 7.7%) |
| Vacant Housing Units | 65 ( 10.0%) |
| Median Home Value | $168,077 |
| Average Home Value | $195,367 |
Housing Distribution
Address Breakdown
Residential
563
Single Family
563
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jayson Sumerix • CENTURY 21 LEE-MAC REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933639
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.