3712 Cedar Valley RdPetoskeyMI49770
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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
Total monthly income runs $1,658/mo, and a $1,762/mo payment. Purchase price stands at $359,900, and rental yield measures 5.53% with $1,658/mo rent. Return on cash invested shows 12.71% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 64.8% and total cumulative return in cash records $77,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,658/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2024
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49770, Petoskey, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,448 (100%) |
| Owner Occupied HU | 5,615 (53.7%) |
| Renter Occupied HU | 2,324 (22.2%) |
| Vacant Housing Units | 2,509 (24.0%) |
| Median Home Value | $336,183 |
| Average Home Value | $446,093 |
Housing Distribution
Address Breakdown
Residential
9,179
Single Family
8,003
Multi-Family
1,176
Businesses
1,216
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