1695 E Almeda Beach RdPinconningMI48650
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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 Pinconning at 1695 E Almeda Beach Rd, Pinconning, MI, 48650 listed at $179,900 pairs $1,697/mo rent with a $881/mo payment to leave $510/mo cash flow. Total monthly income runs $1,697/mo, and annual cash flow reaches $6,122/yr on $59,637 cash to close. Return on cash invested measures 30.17% in year one, and rental yield registers 11.32% at a $179,900 basis. Equity gained on principal adds $1,161/yr, and annual property appreciation at 5% supports $49,703 by year five. Five-year ROI tracks 158.47% and total cumulative return in cash totals $94,509. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,697/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
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Listed by: Charlene M Rupp • Bay Area Real Estate
Mls Name: MiRealSource
Mls ID: #50187795