1945 - St. Joe Plan, Tree Song TrailTraverse CityMI49685
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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
Joe Plan, Tree Song Trail, Traverse City, MI, 49685 earns $40/mo cash flow from $3,377/mo rent with a $2,477/mo payment. Total monthly income totals $3,377/mo, and annual cash flow totals $478/yr on $166,471 capital. ROI tracks 20.35% on current figures, and rental yield reads 8.01% at a $505,990 purchase. Equity gained on principal adds $3,265/yr, and 5% annual appreciation supports $139,796 over five years. Five-year ROI reaches 105.69% and total cumulative return in cash sums $175,948. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,377/mo property income instead of your personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49685, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 6,995 (73.5%) |
| Renter Occupied HU | 1,772 (18.6%) |
| Vacant Housing Units | 745 ( 7.8%) |
| Median Home Value | $362,492 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
9,147
Single Family
8,029
Multi-Family
1,118
Businesses
850
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Listed by: N/A • Great Lake Construction
Mls Name: Great Lake Construction
Mls ID: #N/A