7838 Lagoon DrAlansonMI49706
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 Alanson at 7838 Lagoon Dr, Alanson, MI, 49706 at $899,000 posts ROI 5.15% with from $2,254/mo rent. Total monthly income equals $2,254/mo. Return on cash invested measures 5.15% and rental yield reads 3.01% at the current $899,000. Equity gained on principal adds $5,801/yr, and 5% annual appreciation supports $248,377 by year five. Five-year ROI prints 24.22% and total cumulative return in cash totals $71,626. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,254/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
21.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49706, Alanson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,866 (100%) |
| Owner Occupied HU | 1,803 (62.9%) |
| Renter Occupied HU | 350 (12.2%) |
| Vacant Housing Units | 713 (24.9%) |
| Median Home Value | $256,041 |
| Average Home Value | $303,078 |
Housing Distribution
Address Breakdown
Residential
2,070
Single Family
2,040
Multi-Family
30
Businesses
97
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Nearby investment properties with comparable prices
Listed by: Craig R. Wilson • Coldwell Banker Fairbairn Realty
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829514
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