396 N Stony Point RdSuttons BayMI49682
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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 Suttons Bay at 396 N Stony Point Rd, Suttons Bay, MI, 49682 at $1,350,000 posts ROI 9.07% with from $4,783/mo rent. Total monthly income equals $4,783/mo. Return on cash invested measures 9.07% and rental yield reads 4.25% at the current $1,350,000. Equity gained on principal adds $8,711/yr, and 5% annual appreciation supports $372,980 by year five. Five-year ROI prints 45.14% and total cumulative return in cash totals $197,453. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,783/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1992
0.61 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: Jay Sluiter • REO-TCRandolph-233022
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1938210
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.