9842 Deer Track Ct #19InterlochenMI49643
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 9842 Deer Track Ct #19, Interlochen, MI, 49643 uses $124,279 cash to close to unlock $4,160/yr annual cash flow and $347/mo monthly cash flow. Total monthly income runs $2,819/mo, and a $1,835/mo payment keeps the spread at $347/mo. Purchase price stands at $374,900, and rental yield measures 9.02% with $2,819/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 121.33% and total cumulative return in cash records $150,787. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,819/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Condo
Built in 2022
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Ide • Key Realty One-TC
Mls Name: NGLRMLS
Mls ID: #1939999