14977 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 14977 Nine Mile Rd, Kaleva, MI, 49645 listed at $529,000 pairs $2,437/mo rent with a $2,589/mo payment. Total monthly income runs $2,437/mo. Return on cash invested measures 12.81% in year one, and rental yield registers 5.53% at a $529,000 basis. Equity gained on principal adds $3,414/yr, and annual property appreciation at 5% supports $146,153 by year five. Five-year ROI tracks 65.29% and total cumulative return in cash totals $113,633. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,437/mo property income relative to a $2,589/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
10 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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