1220 Round Lake HwyManitou BeachMI49253
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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 Manitou Beach at 1220 Round Lake Hwy, Manitou Beach, MI, 49253 earns from $1,728/mo rent with a $3,695/mo payment. Total monthly income totals $1,728/mo. ROI tracks 4.36% on current figures, and rental yield reads 2.75% at a $755,000 purchase. Equity gained on principal adds $4,872/yr, and 5% annual appreciation supports $208,593 over five years. Five-year ROI reaches 19.95% and total cumulative return in cash sums $49,551. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,728/mo property income instead of your personal income.
Single Family
Built in 1985
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49253, Manitou Beach, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,131 (51.9%) |
| Renter Occupied HU | 195 ( 8.9%) |
| Vacant Housing Units | 854 (39.2%) |
| Median Home Value | $338,393 |
| Average Home Value | $436,514 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
42
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Listed by: Zackery Bock • Front Street Realty
Mls Name: MiRealSource
Mls ID: #50185072