6015 Bogardus St, Pellston, MI, 49769 | $2,330/mo Cash Flow

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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

Rental property for sale in Pellston at 6015 Bogardus St, Pellston, MI, 49769 generates $4,111/mo in rent and, after a $1,322/mo payment, leaves $2,330/mo in cash flow. Total monthly income is $4,111/mo, and annual cash flow is $27,960/yr on $89,505 invested. Return on cash invested sits at 51.15% in year one, and rental yield is 18.27% on a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 270.88% and total cumulative return in cash sums $242,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,111/mo property income rather than buyer’s personal income.

Single Family

Built in N/A

0.94 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49769, Pellston, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	922 (100%)
Owner Occupied HU	601 (65.2%)
Renter Occupied HU	122 (13.2%)
Vacant Housing Units	199 (21.6%)
Median Home Value	$235,938
Average Home Value	$274,613