6891 Hallenbeck HwyManitou BeachMI49253
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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
Total monthly income runs $2,254/mo, and a $3,633/mo payment. Purchase price stands at $742,350, and rental yield measures 3.64% with $2,254/mo rent. Return on cash invested shows 7.08% in year one, and 5% annual appreciation builds toward $205,098 over five years. Five-year ROI reaches 34.59% and total cumulative return in cash records $84,484. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,254/mo property income covering a $3,633/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49253, Manitou Beach, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,180 (100%) |
| Owner Occupied HU | 1,131 (51.9%) |
| Renter Occupied HU | 195 ( 8.9%) |
| Vacant Housing Units | 854 (39.2%) |
| Median Home Value | $338,393 |
| Average Home Value | $436,514 |
Housing Distribution
Address Breakdown
Residential
1,576
Single Family
1,576
Multi-Family
0
Businesses
42
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Listed by: Mark Riggle • RE/MAX IRISH HILLS REALTY
Mls Name: MichRIC
Mls Provider:
Mls ID: #25022222
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.