105 Windeberry Dr, Charlevoix, MI, 49720 | $57/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
2311 sft

8437 Dunmore Ln, Ellsworth, MI, 49729

3 Bed
1 Bath
1508 sft

431 Lewis Ave, Boyne City, MI, 49712

- Bed
- Bath
- sft

5392 Collectibles Ct, Bay Harbor, MI, 49770

4 Bed
2 Bath
4583 sft

2217 Six Mile Lake Rd, East Jordan, MI, 49727

Nearby investment properties with comparable prices

3 Bed
3 Bath
2186 sft

700 Fairways Dr, Harbor Springs, MI, 49740

3 Bed
2 Bath
1925 sft

420 Wachtel Ave, Petoskey, MI, 49770

2 Bed
2 Bath
1225 sft

1554 Parmenter Ct #24, Petoskey, MI, 49770

3 Bed
3 Bath
2500 sft

504 Monroe St, Petoskey, MI, 49770

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Charlevoix at 105 Windeberry Dr, Charlevoix, MI, 49720 priced at $569,000 converts $3,809/mo rent into $57/mo cash flow after a $2,785/mo obligation. Total monthly income equals $3,809/mo, and annual cash flow totals $680/yr on $187,201 invested. Return on cash invested prints 20.42% in year one, and rental yield reads 8.03% against a $569,000 entry. Equity gained on principal adds $3,672/yr, while 5% annual appreciation compiles into $157,204 by year five. Five-year ROI reaches 106.1% and total cumulative return in cash sums $198,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,809/mo property income covering a $2,785/mo payment, not borrower’s personal income.

Single Family

Built in N/A

N/A 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