2836 Emerald BlfsTraverse CityMI49684
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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
Investment property for sale in Traverse City at 2836 Emerald Blfs, Traverse City, MI, 49684 at $225,000 posts ROI 16.13% with from $1,592/mo rent. Total monthly income equals $1,592/mo. Return on cash invested measures 16.13% and rental yield reads 8.49% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 85.17% and total cumulative return in cash totals $63,525. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,592/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Townhouse
Built in 1999
N/A lot
$N/A/sqft
$4,080 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49684, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,302 (100%) |
| Owner Occupied HU | 7,484 (60.8%) |
| Renter Occupied HU | 3,386 (27.5%) |
| Vacant Housing Units | 1,432 (11.6%) |
| Median Home Value | $398,218 |
| Average Home Value | $509,057 |
Housing Distribution
Address Breakdown
Residential
11,586
Single Family
9,750
Multi-Family
1,836
Businesses
1,955
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Listed by: Jeffrey Wichern • The Martin Company
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1931363
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.