Burn'S Second Lake Addition
Solid value in a growing area
Median $175K·Schools 5.0/10
...and yeah, out here you're basically on the water or looking at it. The lots are spacious, the kind of place where people actually have room to breathe and build a garage big enough for an RV or the toys you actually want to keep. You've got ranch-style homes, mostly single-story stuff from the '90s and earlier, and plenty of folks have been quietly updating—new roofs, windows, furnaces—without turning the whole vibe into some manufactured thing. There are a couple green spaces nearby if you need to get outside. It's the kind of neighborhood where a lot gets the water view or the water access, and that's pretty much the whole selling point—which, honestly, is enough.
Why people love it here
$175K median
- 1 recent sale
Park-rich area
- 15 parks within 1 mile
Conventional Mortgage Calculator
Median home price in Burn'S Second Lake Addition
Estimated Monthly Payment
$1,188/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
Flood Risk
None
Not in flood zone
Nearest Park
First Lake Park
0.3 mi
Parks Nearby
15
within 1 mile
Based on 2 rated schools nearby
School District: Montabella Community Schools
Crime in Burn'S Second Lake Addition is reported at the city level, not the neighborhood level. The FBI doesn't publish reliable crime rates for individual neighborhoods, and within any community crime varies street to street. For an accurate, comparable picture, see the jurisdiction-wide figures for Montcalm County.
Montcalm County crime & safety stats →To buy a median-priced Burn'S Second Lake Addition home (around $175,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $31k/year in household income to qualify — an estimated monthly payment of $1,164 (principal, interest, property tax est., and insurance).
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $1,164/mo | $31,039 |
| 10% (+PMI) | $1,340/mo | $35,736 |
| 5% (+PMI) | $1,399/mo | $37,306 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
🏫 Schools(3)
Frequently asked about Burn'S Second Lake Addition
- What do homes cost in Burn'S Second Lake Addition?
- The median home value in Burn'S Second Lake Addition is about $175,000. Individual prices vary by street, size, and condition.
- How active is the Burn'S Second Lake Addition housing market?
- no homes are listed in Burn'S Second Lake Addition right now, and 1 home sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Burn'S Second Lake Addition?
- Burn'S Second Lake Addition is served by Montabella Community Schools. Its highest-rated assigned school is Montabella JuniorSenior High (5/10).
Top contributors in Burn'S Second Lake Addition
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