6469 W Almy RdLakeviewMI48850
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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 Lakeview at 6469 W Almy Rd, Lakeview, MI, 48850 with 5% annual appreciation on a $362,100 basis while $3,354/mo rent supports operations. Total monthly income totals $3,354/mo and a $1,772/mo payment preserves $966/mo for cash returns. Annual cash flow comes to $11,597/yr on $120,036 deployed, and return on cash invested reaches 29.57% in year one. Equity gained on principal adds $2,337/yr, and five-year appreciation sums $100,042 alongside rental yield of 11.12%. Five-year ROI measures 155.2% and total cumulative return in cash totals $186,297.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,354/mo property income versus a $1,772/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
4 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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