4291 S Scenic View DrSuttons 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 4291 S Scenic View Dr, Suttons Bay, MI, 49682 earns $77/mo cash flow from $2,708/mo rent with a $1,953/mo payment. Total monthly income totals $2,708/mo, and annual cash flow totals $920/yr on $132,269 capital. ROI tracks 20.6% on current figures, and rental yield reads 8.14% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 107.1% and total cumulative return in cash sums $141,662. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,708/mo property income instead of your personal income.
Single Family
Built in 1982
0.83 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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Listed by: Cassidy Munger • Best Homes of Michigan LLC
Mls Name: MichRIC
Mls ID: #25042223