10953 Pine Cone CtWest OliveMI49460
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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 West Olive at 10953 Pine Cone Ct, West Olive, MI, 49460 listed at $499,900 pairs $3,720/mo rent with a $2,447/mo payment to leave $423/mo cash flow. Total monthly income runs $3,720/mo, and annual cash flow reaches $5,078/yr on $165,717 cash to close. Return on cash invested measures 22.97% in year one, and rental yield registers 8.93% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 119.82% and total cumulative return in cash totals $198,564. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,720/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2016
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
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Listed by: Tyler Moran • Five Star Real Estate (Main)
Mls Name: MichRIC
Mls ID: #25054115