11258 Riverside DrWhite PigeonMI49099
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 White Pigeon at 11258 Riverside Dr, White Pigeon, MI, 49099 earns $175/mo cash flow from $1,148/mo rent with a $722/mo payment. Total monthly income totals $1,148/mo, and annual cash flow totals $2,103/yr on $48,896 capital. ROI tracks 24.21% on current figures, and rental yield reads 9.34% at a $147,500 purchase. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 over five years. Five-year ROI reaches 126.51% and total cumulative return in cash sums $61,861. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,148/mo property income instead of your personal income.
Single Family
Built in 1970
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James D Blehm • Keller Williams GR North
Mls Name: MichRIC
Mls Provider:
Mls ID: #25014173
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.