10920 Pagels RdBirch RunMI48415
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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
Rental property for sale in Birch Run at 10920 Pagels Rd, Birch Run, MI, 48415 generates $2,338/mo in rent, after a $1,810/mo payment. Total monthly income is $2,338/mo. Return on cash invested sits at 18.92% in year one, and rental yield is 7.58% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 98.11% and total cumulative return in cash sums $120,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,338/mo property income rather than buyer’s personal income.
Single Family
Built in 1989
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48415, Birch Run, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,847 (100%) |
| Owner Occupied HU | 3,049 (79.3%) |
| Renter Occupied HU | 572 (14.9%) |
| Vacant Housing Units | 226 ( 5.9%) |
| Median Home Value | $228,437 |
| Average Home Value | $273,805 |
Housing Distribution
Address Breakdown
Residential
3,736
Single Family
3,627
Multi-Family
109
Businesses
284
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