8974 N Whitefish Point RdParadiseMI49768
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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 Paradise at 8974 N Whitefish Point Rd, Paradise, MI, 49768 earns from $1,270/mo rent with a $2,198/mo payment. Total monthly income totals $1,270/mo. ROI tracks 6.27% on current figures, and rental yield reads 3.39% at a $449,000 purchase. Equity gained on principal adds $2,897/yr, and 5% annual appreciation supports $124,050 over five years. Five-year ROI reaches 30.24% and total cumulative return in cash sums $45,016. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,270/mo property income instead of your personal income.
Single Family
Built in 1974
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49768, Paradise, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 167 (18.9%) |
| Renter Occupied HU | 22 ( 2.5%) |
| Vacant Housing Units | 695 (78.6%) |
| Median Home Value | $202,206 |
| Average Home Value | $232,829 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
42
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