7927 Lakewood DrColomaMI49038
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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
Investment Highlights
Investment property for sale in Coloma at 7927 Lakewood Dr, Coloma, MI, 49038 listed at $1,490,000 pairs $3,193/mo rent with a $7,293/mo payment. Total monthly income runs $3,193/mo. Return on cash invested measures 3.88% in year one, and rental yield registers 2.57% at a $1,490,000 basis. Equity gained on principal adds $9,615/yr, and annual property appreciation at 5% supports $411,660 by year five. Five-year ROI tracks 17.34% and total cumulative return in cash totals $83,704. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,193/mo property income relative to a $7,293/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49038, Coloma, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,920 (100%) |
| Owner Occupied HU | 2,972 (60.4%) |
| Renter Occupied HU | 747 (15.2%) |
| Vacant Housing Units | 1,201 (24.4%) |
| Median Home Value | $225,884 |
| Average Home Value | $297,148 |
Housing Distribution
Address Breakdown
Residential
4,279
Single Family
4,279
Multi-Family
0
Businesses
233
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