2577 Parkway Dr, Manitou Beach, MI, 49253 | $106/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1904 sft

208 Plymouth St, Jackson, MI, 49201

3 Bed
2 Bath
1416 sft

32 Garden St, Hillsdale, MI, 49242

4 Bed
2 Bath
2174 sft

718 North St, Morenci, MI, 49256

2 Bed
1 Bath
888 sft

2699 Kibby Rd, Jackson, MI, 49203

Nearby investment properties with comparable prices

3 Bed
2 Bath
2772 sft

1569 Rollin Hwy, Hudson, MI, 49247

- Bed
- Bath
- sft

500 Wilbur Ave, Brooklyn, MI, 49230

2 Bed
2 Bath
1196 sft

1012 Elmwood Ave, Jackson, MI, 49203

2 Bed
2 Bath
1134 sft

1001 E Duncan St APT 1D, Manchester, MI, 48158

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Manitou Beach at 2577 Parkway Dr, Manitou Beach, MI, 49253 offers $1,764/mo rent that, after a $1,008/mo payment, leaves $106/mo cash flow. Total monthly income is $1,764/mo, and annual cash flow is $1,270/yr on $68,289 cash. Return on cash invested measures 21.77% in year one, and rental yield stands at 10.28% at a $206,000 entry. Equity gained on principal adds $1,329/yr while 5% annual appreciation compounds into $56,914 by year five. Five-year ROI records 115.27% and total cumulative return in cash reaches $78,716. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,764/mo property income versus a $1,008/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

3,920 sqft lot

$N/A/sqft

$300 monthly HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49253, Manitou Beach, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,180 (100%)
Owner Occupied HU	1,131 (51.9%)
Renter Occupied HU	195 ( 8.9%)
Vacant Housing Units	854 (39.2%)
Median Home Value	$338,393
Average Home Value	$436,514