14242 Hill St, Presque Isle, MI, 49777 | 6.16% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Presque Isle at 14242 Hill St, Presque Isle, MI, 49777 offers a 6.16% rental yield on a $499,000 purchase with $2,561/mo rent. 62% in year one. Equity gained on principal adds $3,220/yr while 5% annual appreciation supports $137,865 over five years. Portfolio math shows five-year ROI at 75% and total cumulative return in cash at $124,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,561/mo property income against a $2,442/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2000

10,454 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49777, Presque Isle, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,780 (100%)
Owner Occupied HU	812 (45.6%)
Renter Occupied HU	30 ( 1.7%)
Vacant Housing Units	938 (52.7%)
Median Home Value	$265,878
Average Home Value	$306,281