6505 Strawberry Lake RdHamburgMI48139
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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 Hamburg at 6505 Strawberry Lake Rd, Hamburg, MI, 48139 generates $2,719/mo in rent and, after a $1,977/mo payment, leaves $55/mo in cash flow. Total monthly income is $2,719/mo, and annual cash flow is $662/yr on $133,926 invested. Return on cash invested sits at 20.4% in year one, and rental yield is 8.08% on a $404,000 entry. Equity gained on principal adds $2,607/yr, while 5% annual appreciation builds toward $111,618 over five years. Five-year ROI reaches 106.05% and total cumulative return in cash sums $142,032. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,719/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48139, Hamburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 66 (100%) |
| Owner Occupied HU | 60 (90.9%) |
| Renter Occupied HU | 3 ( 4.5%) |
| Vacant Housing Units | 3 ( 4.5%) |
| Median Home Value | $425,000 |
| Average Home Value | $461,292 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
136
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Listed by: John MacLeod • Partners Real Estate Professionals PC
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20251040641
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