1880 Old Cabin DrInterlochenMI49643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Interlochen at 1880 Old Cabin Dr, Interlochen, MI, 49643 generates $3,457/mo in rent and, after a $2,423/mo payment, leaves $193/mo in cash flow. Total monthly income is $3,457/mo, and annual cash flow is $2,310/yr on $164,093 invested. Return on cash invested sits at 21.32% in year one, and rental yield is 8.38% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 110.93% and total cumulative return in cash sums $182,026. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,457/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49643, Interlochen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 2,607 (75.9%) |
| Renter Occupied HU | 297 ( 8.6%) |
| Vacant Housing Units | 530 (15.4%) |
| Median Home Value | $297,062 |
| Average Home Value | $389,578 |
Housing Distribution
Address Breakdown
Residential
3,118
Single Family
3,051
Multi-Family
67
Businesses
163
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laurie Bouwman • Bouwman Realty Group
Mls Name: NGLRMLS
Mls ID: #1940339