1414 Plains RdLeslieMI49251
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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 Leslie at 1414 Plains Rd, Leslie, MI, 49251 with 5% annual appreciation on a $429,000 basis while $2,912/mo rent supports operations. Total monthly income totals $2,912/mo and a $2,100/mo payment preserves $83/mo for cash returns. Annual cash flow comes to $992/yr on $142,214 deployed, and return on cash invested reaches 20.61% in year one. Equity gained on principal adds $2,768/yr, and five-year appreciation sums $118,525 alongside rental yield of 8.15%. Five-year ROI measures 107.12% and total cumulative return in cash totals $152,341.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,912/mo property income versus a $2,100/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1997
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49251, Leslie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,630 (100%) |
| Owner Occupied HU | 2,147 (81.6%) |
| Renter Occupied HU | 342 (13.0%) |
| Vacant Housing Units | 141 ( 5.4%) |
| Median Home Value | $241,615 |
| Average Home Value | $265,642 |
Housing Distribution
Address Breakdown
Residential
2,305
Single Family
2,274
Multi-Family
31
Businesses
117
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