13212 Niemi RdPelkieMI49958
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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 Pelkie at 13212 Niemi Rd, Pelkie, MI, 49958 earns $224/mo cash flow from $1,411/mo rent with a $881/mo payment. Total monthly income totals $1,411/mo, and annual cash flow totals $2,688/yr on $59,670 capital. ROI tracks 24.41% on current figures, and rental yield reads 9.41% at a $179,999 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,730 over five years. Five-year ROI reaches 127.49% and total cumulative return in cash sums $76,072. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,411/mo property income instead of your personal income.
Single Family
Built in N/A
7 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
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