9300 Head O Lake RdOttawa LakeMI49267
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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 $2,351/mo, and a $3,181/mo payment. Purchase price stands at $649,900, and rental yield measures 4.34% with $2,351/mo rent. Return on cash invested shows 9.2% in year one, and 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 45.94% and total cumulative return in cash records $98,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,351/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1979
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49267, Ottawa Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,831 (100%) |
| Owner Occupied HU | 1,537 (83.9%) |
| Renter Occupied HU | 203 (11.1%) |
| Vacant Housing Units | 91 ( 5.0%) |
| Median Home Value | $311,960 |
| Average Home Value | $355,325 |
Housing Distribution
Address Breakdown
Residential
1,645
Single Family
1,645
Multi-Family
0
Businesses
102
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Listed by: Harry M Lee • Golden Key Realty Group LLC
Mls Name: Realcomp II
Mls ID: #20251051059