1320 E Chippewa StMount PleasantMI48858
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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 Mount Pleasant at 1320 E Chippewa St, Mount Pleasant, MI, 48858 earns from $2,065/mo rent with a $1,884/mo payment. Total monthly income totals $2,065/mo. ROI tracks 15.46% on current figures, and rental yield reads 6.44% at a $384,900 purchase. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 over five years. Five-year ROI reaches 79.51% and total cumulative return in cash sums $101,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,065/mo property income instead of your personal income.
Single Family
Built in 1963
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48858, Mount Pleasant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,876 (100%) |
| Owner Occupied HU | 9,481 (47.7%) |
| Renter Occupied HU | 8,386 (42.2%) |
| Vacant Housing Units | 2,009 (10.1%) |
| Median Home Value | $184,339 |
| Average Home Value | $222,061 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
16,469
Multi-Family
2,530
Businesses
1,375
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Listed by: Krystal Campbell • Keller Williams of NM Signature Group
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1934082
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.