6286 S Westwood PkwySuttons BayMI49682
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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 Suttons Bay at 6286 S Westwood Pkwy, Suttons Bay, MI, 49682 generates $5,051/mo in rent, after a $4,880/mo payment. Total monthly income is $5,051/mo. Return on cash invested sits at 14.14% in year one, and rental yield is 6.08% on a $997,000 entry. Equity gained on principal adds $6,433/yr, while 5% annual appreciation builds toward $275,453 over five years. Five-year ROI reaches 72.53% and total cumulative return in cash sums $237,910. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,051/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
2.45 Acres lot
$N/A/sqft
$1,130 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49682, Suttons Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,544 (64.7%) |
| Renter Occupied HU | 236 ( 9.9%) |
| Vacant Housing Units | 607 (25.4%) |
| Median Home Value | $407,473 |
| Average Home Value | $470,285 |
Housing Distribution
Address Breakdown
Residential
1,900
Single Family
1,884
Multi-Family
16
Businesses
239
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Listed by: Molly Buttleman • Coldwell Banker Schmidt Traver
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1932059
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.