14015 Arnheim 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 14015 Arnheim Rd, Pelkie, MI, 49958 uses $81,549 cash to close to unlock $8,710/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,348/mo, and a $1,204/mo payment keeps the spread at $726/mo. Purchase price stands at $246,000, and rental yield measures 11.45% with $2,348/mo rent. Return on cash invested shows 30.59% in year one, and 5% annual appreciation builds toward $67,965 over five years. Five-year ROI reaches 160.63% and total cumulative return in cash records $130,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,348/mo property income covering a $1,204/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2.37 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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Listed by: CHRISTOPHER COPONEN • CENTURY 21 AFFILIATED
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50184790
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.