8115 Shaw Lake RdMiddlevilleMI49333
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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 Middleville at 8115 Shaw Lake Rd, Middleville, MI, 49333 uses $55,692 cash to close to unlock $2,705/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,333/mo, and a $822/mo payment keeps the spread at $225/mo. Purchase price stands at $168,000, and rental yield measures 9.52% with $1,333/mo rent. Return on cash invested shows 24.77% in year one, and 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 129.49% and total cumulative return in cash records $72,113. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,333/mo property income covering a $822/mo payment rather than investor’s personal income.
Single Family
Built in 1963
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: Marilyn K Wagner • RE/MAX of Grand Rapids (FH)
Mls Name: MichRIC
Mls ID: #25041581