6170 Walton RdKingsleyMI49649
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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
Rental property for sale in Kingsley at 6170 Walton Rd, Kingsley, MI, 49649 generates $1,211/mo in rent and, after a $754/mo payment, leaves $195/mo in cash flow. Total monthly income is $1,211/mo, and annual cash flow is $2,342/yr on $51,051 invested. Return on cash invested sits at 24.5% in year one, and rental yield is 9.44% on a $154,000 entry. Equity gained on principal adds $994/yr, while 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 128.06% and total cumulative return in cash sums $65,378. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,211/mo property income rather than buyer’s personal income.
Manufactured
Built in 1962
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49649, Kingsley, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,717 (100%) |
| Owner Occupied HU | 2,177 (80.1%) |
| Renter Occupied HU | 345 (12.7%) |
| Vacant Housing Units | 195 ( 7.2%) |
| Median Home Value | $317,683 |
| Average Home Value | $356,690 |
Housing Distribution
Address Breakdown
Residential
2,464
Single Family
2,464
Multi-Family
0
Businesses
97
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Listed by: Christian Nelson • REMAX Of Elk Rapids
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932734
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.