8822 E Bahle RdSuttons BayMI49682
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
Rental property for sale in Suttons Bay at 8822 E Bahle Rd, Suttons Bay, MI, 49682 priced at $500,000 pairs $3,130/mo rent with after a $2,447/mo payment. Total monthly income equals $3,130/mo. Return on cash invested is 18.7% in year one, and rental yield stands at 7.51% on a $500,000 basis. Equity gained on principal adds $3,226/yr, and 5% annual appreciation accumulates to $138,141 by year five. Five-year ROI measures 96.88% and total cumulative return in cash reaches $160,580. For financing, Ziffy Mortgage’s DSCR program evaluates $3,130/mo property income against a $2,447/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49682, Suttons Bay, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,387 (100%) |
| Owner Occupied HU | 1,544 (64.7%) |
| Renter Occupied HU | 236 ( 9.9%) |
| Vacant Housing Units | 607 (25.4%) |
| Median Home Value | $407,473 |
| Average Home Value | $470,285 |
Housing Distribution
Address Breakdown
Residential
1,900
Single Family
1,884
Multi-Family
16
Businesses
239
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Nearby investment properties with comparable prices
Listed by: Christina Ingersoll • REMAX Bayshore - Union St TC
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1933347
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.