6704 Summerlyn Lakes DrLambertvilleMI48144
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 Lambertville at 6704 Summerlyn Lakes Dr, Lambertville, MI, 48144 offers a 7.79% rental yield on a $345,000 purchase with $2,241/mo rent. 55% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 101.46% and total cumulative return in cash at $116,032. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,241/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kimberly Zaracki • Key Realty One LLC - Summerfield
Mls Name: MiRealSource
Mls ID: #50185365