14700 Nine Mile RdKalevaMI49645
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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 Kaleva at 14700 Nine Mile Rd, Kaleva, MI, 49645 earns $177/mo cash flow from $1,430/mo rent with a $930/mo payment. Total monthly income totals $1,430/mo, and annual cash flow totals $2,124/yr on $62,985 capital. ROI tracks 23.28% on current figures, and rental yield reads 9.03% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 121.44% and total cumulative return in cash sums $76,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,430/mo property income instead of your personal income.
Single Family
Built in 1945
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49645, Kaleva, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,031 (100%) |
| Owner Occupied HU | 648 (62.9%) |
| Renter Occupied HU | 102 ( 9.9%) |
| Vacant Housing Units | 281 (27.3%) |
| Median Home Value | $167,241 |
| Average Home Value | $214,541 |
Housing Distribution
Address Breakdown
Residential
691
Single Family
691
Multi-Family
0
Businesses
72
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