8871 Lakeview BlvdRodneyMI49342
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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 Rodney at 8871 Lakeview Blvd, Rodney, MI, 49342 listed at $289,900 pairs $1,609/mo rent with a $1,419/mo payment. Total monthly income runs $1,609/mo. Return on cash invested measures 16.13% in year one, and rental yield registers 6.66% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 83.13% and total cumulative return in cash totals $79,893. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,609/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49342, Rodney, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 968 (100%) |
| Owner Occupied HU | 545 (56.3%) |
| Renter Occupied HU | 68 ( 7.0%) |
| Vacant Housing Units | 355 (36.7%) |
| Median Home Value | $192,788 |
| Average Home Value | $225,697 |
Housing Distribution
Address Breakdown
Residential
763
Single Family
763
Multi-Family
0
Businesses
15
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