7597 McCreery DrPresque IsleMI49777
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Presque Isle at 7597 McCreery Dr, Presque Isle, MI, 49777 at $195,600 posts ROI 22.71% with $151/mo cash flow from $1,441/mo rent. Total monthly income equals $1,441/mo, and annual cash flow records $1,818/yr on $64,841 to close. Return on cash invested measures 22.71% and rental yield reads 8.84% at the current $195,600. Equity gained on principal adds $1,262/yr, and 5% annual appreciation supports $54,041 by year five. Five-year ROI prints 118.45% and total cumulative return in cash totals $76,806.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,441/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49777, Presque Isle, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,780 (100%) |
| Owner Occupied HU | 812 (45.6%) |
| Renter Occupied HU | 30 ( 1.7%) |
| Vacant Housing Units | 938 (52.7%) |
| Median Home Value | $265,878 |
| Average Home Value | $306,281 |
Housing Distribution
Address Breakdown
Residential
939
Single Family
939
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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