7242 Paradise Trl, Carp Lake, MI, 49718 | $559/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

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

Investment property for sale in Carp Lake at 7242 Paradise Trl, Carp Lake, MI, 49718 listed at $215,000 pairs $1,976/mo rent with a $1,052/mo payment to leave $559/mo cash flow. Total monthly income runs $1,976/mo, and annual cash flow reaches $6,702/yr on $71,273 cash to close. Return on cash invested measures 29.31% in year one, and rental yield registers 11.03% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 153.84% and total cumulative return in cash totals $109,645. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,976/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in N/A

1.93 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49718, Carp Lake, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	796 (100%)
Owner Occupied HU	314 (39.4%)
Renter Occupied HU	61 ( 7.7%)
Vacant Housing Units	421 (52.9%)
Median Home Value	$241,667
Average Home Value	$330,669