2162 Lime Kiln Pointe RdPointe Aux PinsMI49775
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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 Pointe Aux Pins at 2162 Lime Kiln Pointe Rd, Pointe Aux Pins, MI, 49775 priced at $598,000 pairs $6,427/mo rent with $2,483/mo cash flow after a $2,927/mo payment. Total monthly income equals $6,427/mo, and annual cash flow comes to $29,801/yr on $196,742 invested. Return on cash invested is 35.21% in year one, and rental yield stands at 12.9% on a $598,000 basis. Equity gained on principal adds $3,859/yr, and 5% annual appreciation accumulates to $165,216 by year five. Five-year ROI measures 185.39% and total cumulative return in cash reaches $364,748. For financing, Ziffy Mortgage’s DSCR program evaluates $6,427/mo property income against a $2,927/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49775, Pointe Aux Pins, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 500 (100%) |
| Owner Occupied HU | 59 (11.8%) |
| Renter Occupied HU | 4 ( 0.8%) |
| Vacant Housing Units | 437 (87.4%) |
| Median Home Value | $242,500 |
| Average Home Value | $281,483 |
Housing Distribution
Address Breakdown
Residential
51
Single Family
51
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
Listed by: Julie L Maynard • COLDWELL BANKER SCHMIDT CHEBOYGAN
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829621
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