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Pine Ridge — 5 Acres, Buildable, Northern Michigan
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Mancelona, Antrim County, Michigan

Pine Ridge — 5 Acres, Buildable, Northern Michigan

5 acres· $45,000 askingAvailable

Starting at

$643.56/mo

  • $5,000 down
  • 7-year term
  • 9.00% APR fixed
  • 0% platform commission

Live signals

Watching

1

buyer has starred

Matching searches

1

alert would fire today

Effective APY

9.00%

Fixed for the full term

Days to deed

2,555

7 years on the dot

Monthly payment

$643.56

11.1% down

Equity at payoff

$45,000

In 84 months · 7 years

Cost of financing

$14,059

Total: $59,059

Equity growth

Your stake over the contract lifetime

+$40,000

from down to deed

Deed · May 2033
$45,000
Down payment$5,000 · 11.1%
$2,250 – $22,500
Advanced · adjust term & rate
Term84 months · 7 years
2 – 20 years
Interest rate9.00% APR · fixed
6% – 14%
Make this deal$643.56/mo
Continue

Next: 3-field form, then review your contract and sign.

Backwards calculator

Target a monthly payment, see the down payment required at the seller's terms (9% APR · 84 months).

Down required

What if there's a balloon?

Some owner-finance deals require the unpaid balance in a lump sum after a few years. See what the balloon would look like at common terms.

Educational only · does not modify the seller's contract.

The parcel

Five quiet acres in Antrim County, twenty minutes from Lake Charlevoix. Mature mixed timber, a cleared south-facing building site, power at the road, year-round county-road frontage. The kind of parcel a bank won't touch — and the kind that's been waiting for someone with a clear plan and the patience to build.

Features

  • Mature mixed timber (oak, maple, white pine)
  • Cleared, south-facing building site
  • Power at the road
  • Year-round county-road frontage
  • 20 minutes from Lake Charlevoix
  • Mineral rights included
  • No HOA, no deed restrictions
  • Buildable; septic-perc test report on file

Legal description

The North 1/2 of the Northeast 1/4 of Section 12, Township 30 North, Range 7 West, Antrim County, Michigan, containing 5.00 acres more or less.

Parcel ID: 05-12-345-678-00

  • Drafted under MCL §§ 600.5701–600.5760; § 565.351 et seq.; § 600.3101 et seq.
  • Memorandum recorded with the county
  • Possession at signing
  • No prepayment penalty
$643.56/mo0% commission
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