9503 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 9503 N Whitefish Point Rd, Paradise, MI, 49768 earns $285/mo cash flow from $1,597/mo rent with a $974/mo payment. Total monthly income totals $1,597/mo, and annual cash flow totals $3,416/yr on $65,969 capital. ROI tracks 25.09% on current figures, and rental yield reads 9.63% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 131.18% and total cumulative return in cash sums $86,538. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,597/mo property income instead of your personal income.
Single Family
Built in 2010
10 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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