12165 10th St NBear LakeMI49614
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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 Bear Lake at 12165 10th St N, Bear Lake, MI, 49614 listed at $549,900 pairs $2,138/mo rent with a $2,691/mo payment. Total monthly income runs $2,138/mo. Return on cash invested measures 10.19% in year one, and rental yield registers 4.67% at a $549,900 basis. Equity gained on principal adds $3,548/yr, and annual property appreciation at 5% supports $151,927 by year five. Five-year ROI tracks 51.25% and total cumulative return in cash totals $92,714. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,138/mo property income relative to a $2,691/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49614, Bear Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,954 (100%) |
| Owner Occupied HU | 1,169 (59.8%) |
| Renter Occupied HU | 108 ( 5.5%) |
| Vacant Housing Units | 677 (34.6%) |
| Median Home Value | $254,448 |
| Average Home Value | $296,373 |
Housing Distribution
Address Breakdown
Residential
1,406
Single Family
1,405
Multi-Family
1
Businesses
67
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