899 E 6th StPentwaterMI49449
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 Pentwater at 899 E 6th St, Pentwater, MI, 49449 at $264,900 posts ROI 11.46% with from $1,129/mo rent. Total monthly income equals $1,129/mo. Return on cash invested measures 11.46% and rental yield reads 5.11% at the current $264,900. Equity gained on principal adds $1,709/yr, and 5% annual appreciation supports $73,187 by year five. Five-year ROI prints 58.09% and total cumulative return in cash totals $51,008. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,129/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49449, Pentwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,698 (100%) |
| Owner Occupied HU | 1,193 (44.2%) |
| Renter Occupied HU | 132 ( 4.9%) |
| Vacant Housing Units | 1,373 (50.9%) |
| Median Home Value | $310,494 |
| Average Home Value | $372,414 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,425
Multi-Family
8
Businesses
105
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