11026 E Pobuda RdSuttons BayMI49682
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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
Total monthly income runs $2,530/mo, and a $2,017/mo payment. Purchase price stands at $412,000, and rental yield measures 7.37% with $2,530/mo rent. Return on cash invested shows 18.26% in year one, and 5% annual appreciation builds toward $113,828 over five years. Five-year ROI reaches 94.55% and total cumulative return in cash records $129,135. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $2,017/mo payment rather than investor’s personal income.
Single Family
Built in 2006
6.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49682, Suttons Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,544 (64.7%) |
| Renter Occupied HU | 236 ( 9.9%) |
| Vacant Housing Units | 607 (25.4%) |
| Median Home Value | $407,473 |
| Average Home Value | $470,285 |
Housing Distribution
Address Breakdown
Residential
1,900
Single Family
1,884
Multi-Family
16
Businesses
239
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Listed by: Barbara Hood • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls ID: #1937739