7800 Chase Lake RdFowlervilleMI48836
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 Fowlerville at 7800 Chase Lake Rd, Fowlerville, MI, 48836 at $580,000 posts ROI 46.19% with $4,155/mo cash flow from $7,980/mo rent. Total monthly income equals $7,980/mo, and annual cash flow records $49,860/yr on $190,820 to close. Return on cash invested measures 46.19% and rental yield reads 16.51% at the current $580,000. Equity gained on principal adds $3,743/yr, and 5% annual appreciation supports $160,243 by year five. Five-year ROI prints 244.26% and total cumulative return in cash totals $466,101.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,980/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1985
10.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
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Nearby investment properties with comparable prices
Listed by: Brooke Kemler • Coldwell Banker Realty-Okemos
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #279890
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS