B-1 Tall TimberGlen ArborMI49636
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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 Glen Arbor at B-1 Tall Timber, Glen Arbor, MI, 49636 at $385,000 posts ROI 8.02% with from $1,274/mo rent. Total monthly income equals $1,274/mo. Return on cash invested measures 8.02% and rental yield reads 3.97% at the current $385,000. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,368 by year five. Five-year ROI prints 39.64% and total cumulative return in cash totals $50,590. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,274/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1976
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49636, Glen Arbor, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 673 (100%) |
| Owner Occupied HU | 171 (25.4%) |
| Renter Occupied HU | 8 ( 1.2%) |
| Vacant Housing Units | 494 (73.4%) |
| Median Home Value | $878,125 |
| Average Home Value | $1,075,073 |
Housing Distribution
Address Breakdown
Residential
206
Single Family
206
Multi-Family
0
Businesses
84
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Nearby investment properties with comparable prices
Listed by: Connie Kroll • CENTURY 21 Northland
Mls Name: NGLRMLS
Mls ID: #1938785