6711 Lake DrElmiraMI49730
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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 Elmira at 6711 Lake Dr, Elmira, MI, 49730 with 5% annual appreciation on a $253,000 basis while $0/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,633/yr, and five-year appreciation sums $69,899 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $1,238/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
10 Acres lot
$N/A/sqft
$300 annually HOA
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No similar rental properties found nearby.
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Listed by: Sold On Michigan Team Nancy Jacob, Leslie, Kaycie, & Kinsey Burroughs • smith realty GROUP
Mls Name: WWMLS
Mls Provider:
Mls ID: #201831415
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