1695 E Gruler RdPetoskeyMI49770
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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 Petoskey at 1695 E Gruler Rd, Petoskey, MI, 49770 earns $764/mo cash flow from $3,534/mo rent with a $2,056/mo payment. Total monthly income totals $3,534/mo, and annual cash flow totals $9,168/yr on $139,230 capital. ROI tracks 26.49% on current figures, and rental yield reads 10.1% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 138.67% and total cumulative return in cash sums $193,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,534/mo property income instead of your personal income.
Single Family
Built in 1977
7.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49770, Petoskey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,448 (100%) |
| Owner Occupied HU | 5,615 (53.7%) |
| Renter Occupied HU | 2,324 (22.2%) |
| Vacant Housing Units | 2,509 (24.0%) |
| Median Home Value | $336,183 |
| Average Home Value | $446,093 |
Housing Distribution
Address Breakdown
Residential
9,179
Single Family
8,003
Multi-Family
1,176
Businesses
1,216
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