4276 Echo CvManitou BeachMI49253
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 Manitou Beach at 4276 Echo Cv, Manitou Beach, MI, 49253 priced at $829,900 pairs $2,521/mo rent with after a $4,062/mo payment. Total monthly income equals $2,521/mo. Return on cash invested is 7.09% in year one, and rental yield stands at 3.65% on a $829,900 basis. Equity gained on principal adds $5,355/yr, and 5% annual appreciation accumulates to $229,286 by year five. Five-year ROI measures 34.6% and total cumulative return in cash reaches $94,463. For financing, Ziffy Mortgage’s DSCR program evaluates $2,521/mo property income against a $4,062/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49253, Manitou Beach, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,131 (51.9%) |
| Renter Occupied HU | 195 ( 8.9%) |
| Vacant Housing Units | 854 (39.2%) |
| Median Home Value | $338,393 |
| Average Home Value | $436,514 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Timms • Coldwell Banker Beiswanger Realty Group
Mls Name: MichRIC
Mls ID: #25059127