9048 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 9048 Long Lake Dr E, Scotts, MI, 49088 listed at $485,000 pairs $1,784/mo rent with a $2,374/mo payment. Total monthly income runs $1,784/mo. Return on cash invested measures 9.35% in year one, and rental yield registers 4.41% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 46.76% and total cumulative return in cash totals $75,182. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,784/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
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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