Skyline 18 Northtowne Meadows Plan, Northtowne MeadowsErieMI48133
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Erie at Skyline 18 Northtowne Meadows Plan, Northtowne Meadows, Erie, MI, 48133 at $103,500 posts ROI 24.88% with $142/mo cash flow from $825/mo rent. Total monthly income equals $825/mo, and annual cash flow records $1,704/yr on $34,310 to close. Return on cash invested measures 24.88% and rental yield reads 9.57% at the current $103,500. Equity gained on principal adds $668/yr, and 5% annual appreciation supports $28,595 by year five. Five-year ROI prints 130.21% and total cumulative return in cash totals $44,675.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $825/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2026
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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