1318 Pearl St, Lake Odessa, MI, 48849 | $1,296/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lake Odessa at 1318 Pearl St, Lake Odessa, MI, 48849 listed at $199,000 pairs $2,608/mo rent with a $974/mo payment to leave $1,296/mo cash flow. Total monthly income runs $2,608/mo, and annual cash flow reaches $15,548/yr on $65,969 cash to close. Return on cash invested measures 43.48% in year one, and rental yield registers 15.73% at a $199,000 basis. Equity gained on principal adds $1,284/yr, and annual property appreciation at 5% supports $54,980 by year five. Five-year ROI tracks 229.79% and total cumulative return in cash totals $151,590. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,608/mo property income relative to a $974/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1900

6,969 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48849, Lake Odessa, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,598 (100%)
Owner Occupied HU	2,010 (77.4%)
Renter Occupied HU	347 (13.4%)
Vacant Housing Units	241 ( 9.3%)
Median Home Value	$237,500
Average Home Value	$271,979