ADVENTURE Northtowne Meadows Plan, Northtowne MeadowsTr6qil ErieMI48133
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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 Tr6qil Erie at ADVENTURE Northtowne Meadows Plan, Northtowne Meadows, Tr6qil Erie, MI, 48133 uses $56,852 cash to close to unlock $5,237/yr annual cash flow and $436/mo monthly cash flow. Total monthly income runs $1,567/mo, and a $839/mo payment keeps the spread at $436/mo. Purchase price stands at $171,500, and rental yield measures 10.96% with $1,567/mo rent. Return on cash invested shows 29.12% in year one, and 5% annual appreciation builds toward $47,382 over five years. Five-year ROI reaches 152.82% and total cumulative return in cash records $86,880. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,567/mo property income covering a $839/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48133, Erie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,167 (100%) |
| Owner Occupied HU | 1,767 (81.5%) |
| Renter Occupied HU | 225 (10.4%) |
| Vacant Housing Units | 175 ( 8.1%) |
| Median Home Value | $236,638 |
| Average Home Value | $248,434 |
Housing Distribution
Address Breakdown
Residential
2,474
Single Family
2,474
Multi-Family
0
Businesses
131
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Listed by: N/A • UMH Properties, Inc.
Mls Name: UMH Properties Inc
Mls Provider:
Mls ID: #N/A