727 W Lakewood RdTwin LakeMI49457
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 Twin Lake at 727 W Lakewood Rd, Twin Lake, MI, 49457 offers a 9.11% rental yield on a $140,000 purchase with $1,063/mo rent. Total monthly income registers $1,063/mo, and a $685/mo payment leaves $140/mo available for distribution. Annual cash flow reaches $1,680/yr on $46,410 to close, and return on cash invested stands at 23.53% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 122.79% and total cumulative return in cash at $56,986. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,063/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49457, Twin Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,479 (100%) |
| Owner Occupied HU | 3,772 (84.2%) |
| Renter Occupied HU | 316 ( 7.1%) |
| Vacant Housing Units | 391 ( 8.7%) |
| Median Home Value | $258,877 |
| Average Home Value | $290,128 |
Housing Distribution
Address Breakdown
Residential
4,301
Single Family
4,301
Multi-Family
0
Businesses
82
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