3033 S Lee Point RdSuttons BayMI49682








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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
Investment property for sale in Suttons Bay at 3033 S Lee Point Rd, Suttons Bay, MI, 49682 listed at $949,900 pairs $6,434/mo rent with a $4,649/mo payment to leave $170/mo cash flow. Total monthly income runs $6,434/mo, and annual cash flow reaches $2,042/yr on $312,517 cash to close. Return on cash invested measures 20.71% in year one, and rental yield registers 8.13% at a $949,900 basis. Equity gained on principal adds $6,130/yr, and annual property appreciation at 5% supports $262,440 by year five. Five-year ROI tracks 107.66% and total cumulative return in cash totals $336,462. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,434/mo property income relative to a $4,649/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
2.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49682, Suttons Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,544 (64.7%) |
| Renter Occupied HU | 236 ( 9.9%) |
| Vacant Housing Units | 607 (25.4%) |
| Median Home Value | $407,473 |
| Average Home Value | $470,285 |
Housing Distribution
Address Breakdown
Residential
1,900
Single Family
1,884
Multi-Family
16
Businesses
239
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Nearby investment properties with comparable prices



Listed by: John McArdle • Remerica Hometown One
Mls Name: MichRIC
Mls Provider:
Mls ID: #24047709
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








