8405 Six Lakes RdSix LakesMI48886
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 Six Lakes at 8405 Six Lakes Rd, Six Lakes, MI, 48886 at $189,000 posts ROI 33.14% with $691/mo cash flow from $1,937/mo rent. Total monthly income equals $1,937/mo, and annual cash flow records $8,288/yr on $62,654 to close. Return on cash invested measures 33.14% and rental yield reads 12.3% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 174.35% and total cumulative return in cash totals $109,234.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1987
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48886, Six Lakes, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 842 (63.2%) |
| Renter Occupied HU | 115 ( 8.6%) |
| Vacant Housing Units | 376 (28.2%) |
| Median Home Value | $200,938 |
| Average Home Value | $213,625 |
Housing Distribution
Address Breakdown
Residential
946
Single Family
946
Multi-Family
0
Businesses
35
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