728 Lake St, Saugatuck, MI, 49453 | 3.12% Rental Yield

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

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987 Lake St #6, Saugatuck, MI, 49453

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

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Investment Highlights

Investment property for sale in Saugatuck at 728 Lake St, Saugatuck, MI, 49453 with 5% annual appreciation on a $749,000 basis while $1,948/mo rent supports operations. 49% in year one. Equity gained on principal adds $4,833/yr, and five-year appreciation sums $206,935 alongside rental yield of 3.12%. Five-year ROI measures 26.04% and total cumulative return in cash totals $64,168. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,948/mo property income versus a $3,666/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1929

0.27 Acres lot

$N/A/sqft

No HOA