4312 Briarcliff Dr, Traverse City, MI, 49684 | 7.19% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,234/mo, and a $2,643/mo payment. Purchase price stands at $540,000, and rental yield measures 7.19% with $3,234/mo rent. Return on cash invested shows 17.85% in year one, and 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 92.3% and total cumulative return in cash records $163,982. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,234/mo property income covering a $2,643/mo payment rather than investor’s personal income.

Single Family

Built in 1988

0.68 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