1007 Park StMount PleasantMI48858
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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 Mount Pleasant at 1007 Park St, Mount Pleasant, MI, 48858 listed at $144,900 pairs $1,312/mo rent with a $709/mo payment to leave $357/mo cash flow. Total monthly income runs $1,312/mo, and annual cash flow reaches $4,280/yr on $48,034 cash to close. Return on cash invested measures 28.82% in year one, and rental yield registers 10.87% at a $144,900 basis. Equity gained on principal adds $935/yr, and annual property appreciation at 5% supports $40,033 by year five. Five-year ROI tracks 151.19% and total cumulative return in cash totals $72,625. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,312/mo property income relative to a $709/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48858, Mount Pleasant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,876 (100%) |
| Owner Occupied HU | 9,481 (47.7%) |
| Renter Occupied HU | 8,386 (42.2%) |
| Vacant Housing Units | 2,009 (10.1%) |
| Median Home Value | $184,339 |
| Average Home Value | $222,061 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
16,469
Multi-Family
2,530
Businesses
1,375
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Nearby investment properties with comparable prices
Listed by: Paula Brown • PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934316
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.