7548 Donna DrLakeMI48632
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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 Lake at 7548 Donna Dr, Lake, MI, 48632 listed at $114,900 pairs $883/mo rent with a $562/mo payment to leave $121/mo cash flow. Total monthly income runs $883/mo, and annual cash flow reaches $1,458/yr on $38,089 cash to close. Return on cash invested measures 23.74% in year one, and rental yield registers 9.22% at a $114,900 basis. Equity gained on principal adds $741/yr, and annual property appreciation at 5% supports $31,745 by year five. Five-year ROI tracks 124.01% and total cumulative return in cash totals $47,234. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $883/mo property income relative to a $562/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1985
0.52 Acres lot
$N/A/sqft
$50 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48632, Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,897 (100%) |
| Owner Occupied HU | 2,161 (44.1%) |
| Renter Occupied HU | 327 ( 6.7%) |
| Vacant Housing Units | 2,409 (49.2%) |
| Median Home Value | $154,104 |
| Average Home Value | $203,006 |
Housing Distribution
Address Breakdown
Residential
2,852
Single Family
2,852
Multi-Family
0
Businesses
42
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Listed by: Lori Gamble • CENTURY 21 SIGNATURE REALTY - CLARE
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1931814
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.