10495 5th StCharlevoixMI49720
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 Charlevoix at 10495 5th St, Charlevoix, MI, 49720 listed at $177,000 pairs $2,430/mo rent with a $866/mo payment to leave $1,263/mo cash flow. Total monthly income runs $2,430/mo, and annual cash flow reaches $15,157/yr on $58,676 cash to close. Return on cash invested measures 45.74% in year one, and rental yield registers 16.47% at a $177,000 basis. Equity gained on principal adds $1,142/yr, and annual property appreciation at 5% supports $48,902 by year five. Five-year ROI tracks 241.96% and total cumulative return in cash totals $141,971. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $866/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49720, Charlevoix, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,248 (100%) |
| Owner Occupied HU | 3,482 (55.7%) |
| Renter Occupied HU | 798 (12.8%) |
| Vacant Housing Units | 1,968 (31.5%) |
| Median Home Value | $298,267 |
| Average Home Value | $400,844 |
Housing Distribution
Address Breakdown
Residential
5,378
Single Family
4,848
Multi-Family
530
Businesses
504
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A