4237 Hearthside DrTraverse 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 4237 Hearthside Dr, Traverse City, MI, 49684 earns $600/mo cash flow from $3,270/mo rent with a $1,982/mo payment. Total monthly income totals $3,270/mo, and annual cash flow totals $7,194/yr on $134,258 capital. ROI tracks 25.27% on current figures, and rental yield reads 9.69% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Five-year ROI reaches 132.11% and total cumulative return in cash sums $177,374. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,270/mo property income instead of your personal income.
Single Family
Built in 1978
0.35 Acres lot
$N/A/sqft
No 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: Leanne Deeren • REO-TCFront-233021
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933934
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.