10379 Diamond Park RdInterlochenMI49643
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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 Interlochen at 10379 Diamond Park Rd, Interlochen, MI, 49643 earns $153/mo cash flow from $1,993/mo rent with a $1,366/mo payment. Total monthly income totals $1,993/mo, and annual cash flow totals $1,832/yr on $92,489 capital. ROI tracks 21.89% on current figures, and rental yield reads 8.57% at a $279,000 purchase. Equity gained on principal adds $1,800/yr, and 5% annual appreciation supports $77,083 over five years. Five-year ROI reaches 114.01% and total cumulative return in cash sums $105,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,993/mo property income instead of your personal income.
Single Family
Built in 1982
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49643, Interlochen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 2,607 (75.9%) |
| Renter Occupied HU | 297 ( 8.6%) |
| Vacant Housing Units | 530 (15.4%) |
| Median Home Value | $297,062 |
| Average Home Value | $389,578 |
Housing Distribution
Address Breakdown
Residential
3,118
Single Family
3,051
Multi-Family
67
Businesses
163
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Listed by: Dean Baker • REMAX Bayshore - Union St TC
Mls Name: NGLRMLS
Mls ID: #1937343