8C Brook Hill CottagesGlen ArborMI49636
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 Glen Arbor at 8C Brook Hill Cottages, Glen Arbor, MI, 49636 offers $2,921/mo rent that, after a $612/mo payment, leaves $1,739/mo cash flow. Total monthly income is $2,921/mo, and annual cash flow is $20,862/yr on $41,438 cash. Return on cash invested measures 70.25% in year one, and rental yield stands at 28.04% at a $125,000 entry. Equity gained on principal adds $807/yr while 5% annual appreciation compounds into $34,535 by year five. Five-year ROI records 377.18% and total cumulative return in cash reaches $156,293. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,921/mo property income versus a $612/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1992
N/A lot
$N/A/sqft
$4,296 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49636, Glen Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 171 (25.4%) |
| Renter Occupied HU | 8 ( 1.2%) |
| Vacant Housing Units | 494 (73.4%) |
| Median Home Value | $878,125 |
| Average Home Value | $1,075,073 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Diane Kemp • Resort Realty at the Homestead
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1938847
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.