9650 E Elliott RdFife LakeMI49633
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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 Fife Lake at 9650 E Elliott Rd, Fife Lake, MI, 49633 uses $82,875 cash to close to unlock $5,388/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,224/mo payment keeps the spread at $449/mo. Purchase price stands at $250,000, and rental yield measures 10.07% with $2,098/mo rent. Return on cash invested shows 26.41% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 138.22% and total cumulative return in cash records $114,550. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 2005
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49633, Fife Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,597 (100%) |
| Owner Occupied HU | 1,542 (59.4%) |
| Renter Occupied HU | 193 ( 7.4%) |
| Vacant Housing Units | 862 (33.2%) |
| Median Home Value | $229,213 |
| Average Home Value | $271,318 |
Housing Distribution
Address Breakdown
Residential
1,837
Single Family
1,837
Multi-Family
0
Businesses
66
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