4341 Orchard Beach RdCheboyganMI49721
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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 Cheboygan at 4341 Orchard Beach Rd, Cheboygan, MI, 49721 listed at $951,400 pairs $3,425/mo rent with a $4,657/mo payment. Total monthly income runs $3,425/mo. Return on cash invested measures 9.14% in year one, and rental yield registers 4.32% at a $951,400 basis. Equity gained on principal adds $6,139/yr, and annual property appreciation at 5% supports $262,854 by year five. Five-year ROI tracks 45.57% and total cumulative return in cash totals $142,653. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,425/mo property income relative to a $4,657/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
2.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49721, Cheboygan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,028 (100%) |
| Owner Occupied HU | 5,139 (56.9%) |
| Renter Occupied HU | 1,234 (13.7%) |
| Vacant Housing Units | 2,655 (29.4%) |
| Median Home Value | $222,067 |
| Average Home Value | $297,208 |
Housing Distribution
Address Breakdown
Residential
7,068
Single Family
6,759
Multi-Family
309
Businesses
534
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