32 White Pine WayKincheloeMI49788
Nearby investment properties with comparable rents
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 Kincheloe at 32 White Pine Way, Kincheloe, MI, 49788 priced at $119,000 pairs $952/mo rent with $168/mo cash flow after a $582/mo payment. Total monthly income equals $952/mo, and annual cash flow comes to $2,012/yr on $39,449 invested. Return on cash invested is 25.01% in year one, and rental yield stands at 9.6% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 130.73% and total cumulative return in cash reaches $51,569. For financing, Ziffy Mortgage’s DSCR program evaluates $952/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49788, Kincheloe, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,056 (100%) |
| Owner Occupied HU | 478 (45.3%) |
| Renter Occupied HU | 442 (41.9%) |
| Vacant Housing Units | 136 (12.9%) |
| Median Home Value | $94,872 |
| Average Home Value | $124,257 |
Housing Distribution
Address Breakdown
Residential
953
Single Family
953
Multi-Family
0
Businesses
66
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