6644 Caledonia RdHubbard LakeMI49747
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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 Hubbard Lake at 6644 Caledonia Rd, Hubbard Lake, MI, 49747 with 5% annual appreciation on a $254,900 basis while $2,477/mo rent supports operations. Total monthly income totals $2,477/mo and a $1,248/mo payment preserves $796/mo for cash returns. Annual cash flow comes to $9,548/yr on $84,499 deployed, and return on cash invested reaches 31.21% in year one. Equity gained on principal adds $1,645/yr, and five-year appreciation sums $70,424 alongside rental yield of 11.66%. Five-year ROI measures 163.97% and total cumulative return in cash totals $138,552.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,477/mo property income versus a $1,248/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lori Stephan • Real Estate One of Alpena
Mls Name: WWMLS
Mls Provider:
Mls ID: #201830709
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