8720 Whittemore RdWhittemoreMI48770
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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 Whittemore at 8720 Whittemore Rd, Whittemore, MI, 48770 uses $62,952 cash to close to unlock $2,582/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $1,467/mo, and a $929/mo payment keeps the spread at $215/mo. Purchase price stands at $189,900, and rental yield measures 9.27% with $1,467/mo rent. Return on cash invested shows 24.01% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 125.4% and total cumulative return in cash records $78,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,467/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1992
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48770, Whittemore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 993 (100%) |
| Owner Occupied HU | 628 (63.2%) |
| Renter Occupied HU | 121 (12.2%) |
| Vacant Housing Units | 244 (24.6%) |
| Median Home Value | $154,452 |
| Average Home Value | $213,818 |
Housing Distribution
Address Breakdown
Residential
793
Single Family
769
Multi-Family
24
Businesses
42
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Listed by: CYNDI BLUST • STERLING PROPERTIES
Mls Name: NGLRMLS
Mls ID: #1940171