9398 N Whitefish Point RdParadiseMI49768
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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 Paradise at 9398 N Whitefish Point Rd, Paradise, MI, 49768 listed at $350,000 pairs $1,270/mo rent with a $1,713/mo payment. Total monthly income runs $1,270/mo. Return on cash invested measures 9.17% in year one, and rental yield registers 4.35% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 45.78% and total cumulative return in cash totals $53,114. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,270/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 1998
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49768, Paradise, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 167 (18.9%) |
| Renter Occupied HU | 22 ( 2.5%) |
| Vacant Housing Units | 695 (78.6%) |
| Median Home Value | $202,206 |
| Average Home Value | $232,829 |
Housing Distribution
Address Breakdown
Residential
177
Single Family
177
Multi-Family
0
Businesses
42
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