10945 Pleasant Ridge DrElmiraMI49730
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 Elmira at 10945 Pleasant Ridge Dr, Elmira, MI, 49730 earns $896/mo cash flow from $2,909/mo rent with a $1,463/mo payment. Total monthly income totals $2,909/mo, and annual cash flow totals $10,756/yr on $99,085 capital. ROI tracks 30.76% on current figures, and rental yield reads 11.68% at a $298,900 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,581 over five years. Five-year ROI reaches 161.79% and total cumulative return in cash sums $160,311. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,909/mo property income instead of your personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
$498 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Kurth • smith realty GROUP
Mls Name: WWMLS
Mls Provider:
Mls ID: #201830654
Disclaimer: The data relating to real estate on this web site comes in part from the Internet Data Exchange Program of the Water Wonderland MLS (WWLX). Real estate listings held by brokerage firms other than Zillow, Inc are marked with the WWLX logo and the detailed information about said listing includes the listing office. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Zillow, Inc shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Water Wonderland MLS, Inc All rights reserved. WWLX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-09-14 05:57:48 PDT