14842 Center St, Alpena, MI, 49707 | 4.63% 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 Alpena at 14842 Center St, Alpena, MI, 49707 earns from $1,332/mo rent with a $1,689/mo payment. Total monthly income totals $1,332/mo. ROI tracks 10.01% on current figures, and rental yield reads 4.63% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 50.32% and total cumulative return in cash sums $57,544. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,332/mo property income instead of your personal income.

Single Family

Built in N/A

10,500 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49707, Alpena, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11,788 (100%)
Owner Occupied HU	7,776 (66.0%)
Renter Occupied HU	2,265 (19.2%)
Vacant Housing Units	1,747 (14.8%)
Median Home Value	$150,147
Average Home Value	$189,050