1462 Whitetail DrPointe Aux PinsMI49775
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pointe Aux Pins at 1462 Whitetail Dr, Pointe Aux Pins, MI, 49775 listed at $399,000 pairs $1,981/mo rent with a $1,953/mo payment. Total monthly income runs $1,981/mo. Return on cash invested measures 14.01% in year one, and rental yield registers 5.96% at a $399,000 basis. Equity gained on principal adds $2,575/yr, and annual property appreciation at 5% supports $110,236 by year five. Five-year ROI tracks 71.73% and total cumulative return in cash totals $94,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,981/mo property income relative to a $1,953/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
9 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49775, Pointe Aux Pins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 59 (11.8%) |
| Renter Occupied HU | 4 ( 0.8%) |
| Vacant Housing Units | 437 (87.4%) |
| Median Home Value | $242,500 |
| Average Home Value | $281,483 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
Listed by: Jeffrey Liedel • Bois Blanc Island Real Estate
Mls Name: EUPBR
Mls Provider:
Mls ID: #24-251
Disclaimer: Copyright Eastern Upper Peninsula Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed. The listing brokers offer of compensation is made only to participants of the MLS where the listing is filed.