1831 Kitchen RdWhittemoreMI48770
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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
Rental property for sale in Whittemore at 1831 Kitchen Rd, Whittemore, MI, 48770 generates $1,411/mo in rent, after a $1,297/mo payment. Total monthly income is $1,411/mo. Return on cash invested sits at 15.31% in year one, and rental yield is 6.39% on a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation builds toward $73,215 over five years. Five-year ROI reaches 78.73% and total cumulative return in cash sums $69,159. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,411/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
29.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48770, Whittemore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 628 (63.2%) |
| Renter Occupied HU | 121 (12.2%) |
| Vacant Housing Units | 244 (24.6%) |
| Median Home Value | $154,452 |
| Average Home Value | $213,818 |
Housing Distribution
Address Breakdown
Residential
793
Single Family
769
Multi-Family
24
Businesses
42
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Listed by: JEFFREY HUTCHISON • TAWAS SUNSHINE REALTY
Mls Name: NGLRMLS
Mls ID: #1937920