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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$639,900
2 bds2 ba1186sqft
987 Lake St #6SaugatuckMI49453
4.03%
Gross Yield
5.76%
ROI
$2,152/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
Recently Sold
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NMLS #2625701
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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
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Investment Highlights
Total monthly income runs $2,152/mo, and a $3,132/mo payment. Purchase price stands at $639,900, and rental yield measures 4.04% with $2,152/mo rent. Return on cash invested shows 5.76% in year one, and 5% annual appreciation builds toward $176,793 over five years. Five-year ROI reaches 28.39% and total cumulative return in cash records $59,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,152/mo property income covering a $3,132/mo payment rather than investor’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$441 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved
