4874 Westbrook DrTraverse CityMI49685
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
Investment property for sale in Traverse City at 4874 Westbrook Dr, Traverse City, MI, 49685 at $744,000 posts ROI 25.15% with $1,038/mo cash flow from $5,978/mo rent. Total monthly income equals $5,978/mo, and annual cash flow records $12,454/yr on $244,776 to close. Return on cash invested measures 25.15% and rental yield reads 9.64% at the current $744,000. Equity gained on principal adds $4,801/yr, and 5% annual appreciation supports $205,553 by year five. Five-year ROI prints 131.5% and total cumulative return in cash totals $321,870.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,978/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2013
1 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49685, Traverse City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,512 (100%) |
| Owner Occupied HU | 6,995 (73.5%) |
| Renter Occupied HU | 1,772 (18.6%) |
| Vacant Housing Units | 745 ( 7.8%) |
| Median Home Value | $362,492 |
| Average Home Value | $413,680 |
Housing Distribution
Address Breakdown
Residential
9,147
Single Family
8,029
Multi-Family
1,118
Businesses
850
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Listed by: T. J. Shimek • The Mitten Real Estate Group
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933408
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.