752 Jordan Lake Ave, Lake Odessa, MI, 48849 | $258/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Odessa at 752 Jordan Lake Ave, Lake Odessa, MI, 48849 offers a 9.21% rental yield on a $240,000 purchase with $1,841/mo rent. Total monthly income registers $1,841/mo, and a $1,175/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,096/yr on $79,560 to close, and return on cash invested stands at 23.8% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 124.23% and total cumulative return in cash at $98,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,841/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

8,712 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,598 (100%)
Owner Occupied HU	2,010 (77.4%)
Renter Occupied HU	347 (13.4%)
Vacant Housing Units	241 ( 9.3%)
Median Home Value	$237,500
Average Home Value	$271,979