9383 1st StInterlochenMI49643
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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 Interlochen at 9383 1st St, Interlochen, MI, 49643 earns $542/mo cash flow from $2,948/mo rent with a $1,786/mo payment. Total monthly income totals $2,948/mo, and annual cash flow totals $6,498/yr on $120,998 capital. ROI tracks 25.28% on current figures, and rental yield reads 9.69% at a $365,000 purchase. Equity gained on principal adds $2,355/yr, and 5% annual appreciation supports $100,843 over five years. Five-year ROI reaches 132.19% and total cumulative return in cash sums $159,943. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,948/mo property income instead of your personal income.
Single Family
Built in 2006
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49643, Interlochen, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,434 (100%) |
| Owner Occupied HU | 2,607 (75.9%) |
| Renter Occupied HU | 297 ( 8.6%) |
| Vacant Housing Units | 530 (15.4%) |
| Median Home Value | $297,062 |
| Average Home Value | $389,578 |
Housing Distribution
Address Breakdown
Residential
3,118
Single Family
3,051
Multi-Family
67
Businesses
163
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Listed by: Pamela Mork • Coldwell Banker Schmidt-S.Bay
Mls Name: NGLRMLS
Mls ID: #1940728