9222 Pachy RdCarp LakeMI49718
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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 Carp Lake at 9222 Pachy Rd, Carp Lake, MI, 49718 earns from $1,865/mo rent with a $2,445/mo payment. Total monthly income totals $1,865/mo. ROI tracks 9.55% on current figures, and rental yield reads 4.48% at a $499,500 purchase. Equity gained on principal adds $3,223/yr, and 5% annual appreciation supports $138,003 over five years. Five-year ROI reaches 47.83% and total cumulative return in cash sums $79,195. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,865/mo property income instead of your personal income.
Single Family
Built in 1968
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49718, Carp Lake, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 796 (100%) |
| Owner Occupied HU | 314 (39.4%) |
| Renter Occupied HU | 61 ( 7.7%) |
| Vacant Housing Units | 421 (52.9%) |
| Median Home Value | $241,667 |
| Average Home Value | $330,669 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
22
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