8664 Long Lake Dr EScottsMI49088
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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 Scotts at 8664 Long Lake Dr E, Scotts, MI, 49088 with 5% annual appreciation on a $495,000 basis while $1,702/mo rent supports operations. 48% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 4.13%. Five-year ROI measures 42.11% and total cumulative return in cash totals $69,094. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,702/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1938
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49088, Scotts, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,352 (100%) |
| Owner Occupied HU | 1,201 (88.8%) |
| Renter Occupied HU | 93 ( 6.9%) |
| Vacant Housing Units | 58 ( 4.3%) |
| Median Home Value | $311,851 |
| Average Home Value | $365,633 |
Housing Distribution
Address Breakdown
Residential
1,455
Single Family
1,455
Multi-Family
0
Businesses
17
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