Treymore St #64ML5YLapeerMI48446
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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
Rental property for sale in Lapeer at Treymore St #64ML5Y, Lapeer, MI, 48446 priced at $383,100 pairs $3,181/mo rent with $655/mo cash flow after a $1,875/mo payment. Total monthly income equals $3,181/mo, and annual cash flow comes to $7,857/yr on $126,998 invested. Return on cash invested is 26.1% in year one, and rental yield stands at 9.96% on a $383,100 basis. Equity gained on principal adds $2,472/yr, and 5% annual appreciation accumulates to $105,843 by year five. Five-year ROI measures 136.55% and total cumulative return in cash reaches $173,414. For financing, Ziffy Mortgage’s DSCR program evaluates $3,181/mo property income against a $1,875/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48446, Lapeer, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,197 (100%) |
| Owner Occupied HU | 10,000 (75.8%) |
| Renter Occupied HU | 2,521 (19.1%) |
| Vacant Housing Units | 676 ( 5.1%) |
| Median Home Value | $233,283 |
| Average Home Value | $262,271 |
Housing Distribution
Address Breakdown
Residential
12,832
Single Family
11,994
Multi-Family
838
Businesses
1,078
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