1025 Pyrenees DrWeidmanMI48893
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 Weidman at 1025 Pyrenees Dr, Weidman, MI, 48893 earns $2,196/mo cash flow from $4,130/mo rent with a $1,419/mo payment. Total monthly income totals $4,130/mo, and annual cash flow totals $26,346/yr on $96,135 capital. ROI tracks 47.31% on current figures, and rental yield reads 17.09% at a $290,000 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 over five years. Five-year ROI reaches 250.45% and total cumulative return in cash sums $240,772. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,130/mo property income instead of your personal income.
Single Family
Built in 2023
0.84 Acres lot
$N/A/sqft
$270 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48893, Weidman, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,644 (100%) |
| Owner Occupied HU | 1,977 (74.8%) |
| Renter Occupied HU | 203 ( 7.7%) |
| Vacant Housing Units | 464 (17.5%) |
| Median Home Value | $204,836 |
| Average Home Value | $235,420 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,409
Multi-Family
0
Businesses
95
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Listed by: Gaylon Koutz • FIVE STAR REAL ESTATE - MT. PLEASANT
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1920462
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 2024 Northern Great Lakes REALTORS MLS. All Rights Reserved.