119 Pinecrest DrJonesvilleMI49250
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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 Jonesville at 119 Pinecrest Dr, Jonesville, MI, 49250 with 5% annual appreciation on a $242,000 basis while $2,363/mo rent supports operations. Total monthly income totals $2,363/mo and a $1,184/mo payment preserves $768/mo for cash returns. Annual cash flow comes to $9,211/yr on $80,223 deployed, and return on cash invested reaches 31.39% in year one. Equity gained on principal adds $1,562/yr, and five-year appreciation sums $66,860 alongside rental yield of 11.72%. Five-year ROI measures 164.97% and total cumulative return in cash totals $132,342.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,363/mo property income versus a $1,184/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49250, Jonesville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,553 (100%) |
| Owner Occupied HU | 1,922 (75.3%) |
| Renter Occupied HU | 433 (17.0%) |
| Vacant Housing Units | 198 ( 7.8%) |
| Median Home Value | $174,771 |
| Average Home Value | $201,833 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,262
Multi-Family
174
Businesses
186
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Listed by: Desiree Thomas • Century 21 Affiliated
Mls Name: MichRIC
Mls Provider:
Mls ID: #24038668
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.