8766-N8766 S Peter White RdDeertonMI49822
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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
Rental property for sale in Deerton at 8766-N8766 S Peter White Rd, Deerton, MI, 49822 generates $1,498/mo in rent and, after a $930/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,498/mo, and annual cash flow is $2,940/yr on $62,985 invested. Return on cash invested sits at 24.58% in year one, and rental yield is 9.46% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 128.39% and total cumulative return in cash sums $80,868. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,498/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49822, Deerton, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 117 (40.6%) |
| Renter Occupied HU | 14 ( 4.9%) |
| Vacant Housing Units | 157 (54.5%) |
| Median Home Value | $245,000 |
| Average Home Value | $262,863 |
Housing Distribution
Address Breakdown
Residential
88
Single Family
88
Multi-Family
0
Businesses
10
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Listed by: CHRIS FELTNER • SELECT REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50167642
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.