8519 Tamarack RdLakeviewMI48850
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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 Lakeview at 8519 Tamarack Rd, Lakeview, MI, 48850 uses $74,588 cash to close to unlock $5,262/yr annual cash flow and $439/mo monthly cash flow. Total monthly income runs $1,922/mo, and a $1,101/mo payment keeps the spread at $439/mo. Purchase price stands at $225,000, and rental yield measures 10.25% with $1,922/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 141.24% and total cumulative return in cash records $105,345. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,922/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1975
7.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48850, Lakeview, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,101 (100%) |
| Owner Occupied HU | 1,457 (69.3%) |
| Renter Occupied HU | 269 (12.8%) |
| Vacant Housing Units | 375 (17.8%) |
| Median Home Value | $215,774 |
| Average Home Value | $228,914 |
Housing Distribution
Address Breakdown
Residential
1,840
Single Family
1,800
Multi-Family
40
Businesses
125
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