9338 Old Orchard Rd, Charlevoix, MI, 49720 | $983/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Charlevoix at 9338 Old Orchard Rd, Charlevoix, MI, 49720 uses $165,717 cash to close to unlock $11,798/yr annual cash flow and $983/mo monthly cash flow. Total monthly income runs $4,280/mo, and a $2,447/mo payment keeps the spread at $983/mo. Purchase price stands at $499,900, and rental yield measures 10.27% with $4,280/mo rent. Return on cash invested shows 27.03% in year one, and 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 141.57% and total cumulative return in cash records $234,600. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,280/mo property income covering a $2,447/mo payment rather than investor’s personal income.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49720, Charlevoix, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,248 (100%)
Owner Occupied HU	3,482 (55.7%)
Renter Occupied HU	798 (12.8%)
Vacant Housing Units	1,968 (31.5%)
Median Home Value	$298,267
Average Home Value	$400,844