11428 Us Highway 41PelkieMI49958
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 Pelkie at 11428 Us Highway 41, Pelkie, MI, 49958 uses $74,588 cash to close to unlock $5,658/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $1,955/mo, and a $1,101/mo payment keeps the spread at $472/mo. Purchase price stands at $225,000, and rental yield measures 10.43% with $1,955/mo rent. Return on cash invested shows 27.49% in year one, and 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 144.07% and total cumulative return in cash records $107,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,955/mo property income covering a $1,101/mo payment rather than investor’s personal income.
Single Family
Built in 1953
6.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49958, Pelkie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 986 (100%) |
| Owner Occupied HU | 534 (54.2%) |
| Renter Occupied HU | 51 ( 5.2%) |
| Vacant Housing Units | 401 (40.7%) |
| Median Home Value | $181,000 |
| Average Home Value | $241,695 |
Housing Distribution
Address Breakdown
Residential
567
Single Family
567
Multi-Family
0
Businesses
24
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices