8673 N Lake Louise RdHawksMI49743
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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
Total monthly income runs $1,540/mo, and a $1,219/mo payment. Purchase price stands at $249,000, and rental yield measures 7.42% with $1,540/mo rent. Return on cash invested shows 18.42% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 95.41% and total cumulative return in cash records $78,752. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,540/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49743, Hawks, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 800 (100%) |
| Owner Occupied HU | 354 (44.2%) |
| Renter Occupied HU | 31 ( 3.9%) |
| Vacant Housing Units | 415 (51.9%) |
| Median Home Value | $167,073 |
| Average Home Value | $223,037 |
Housing Distribution
Address Breakdown
Residential
394
Single Family
394
Multi-Family
0
Businesses
12
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