1011 Country WayMount PleasantMI48858
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow1011 Country Way, Mount Pleasant, MI, 48858 in Mount Pleasant is a top-tier cash-flow asset. At $250,000 it produces $2,702/mo in rent and $1,054/mo in net monthly income, a 12.97% gross rental yield. The DSCR of 2.40 qualifies for Ziffy Mortgage's DSCR loan without W-2s or U.S. credit history. Annual cash flow: $12,645. Five-year appreciation adds $69,070, driving a total cumulative return of $163,033.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13% | 7.5% |
| Monthly Cash Flow | $1,054 | $550 |
City averages based on Mount Pleasant market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,702 |
| Total Monthly Debt Service | $1,549 |
| DSCR Ratio | 1.74x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1990
10,018 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
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
Multi Family
Built in 1990
10,018 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Doug LaBelle • LABELLE REALTY LLC
Mls Name: NGLRMLS
Mls ID: #1942139