1866 E Townline 16 RdPinconningMI48650
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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 Pinconning at 1866 E Townline 16 Rd, Pinconning, MI, 48650 uses $82,875 cash to close to unlock $9,828/yr annual cash flow and $819/mo monthly cash flow. Total monthly income runs $2,468/mo, and a $1,224/mo payment keeps the spread at $819/mo. Purchase price stands at $250,000, and rental yield measures 11.85% with $2,468/mo rent. Return on cash invested shows 31.77% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 166.95% and total cumulative return in cash records $138,358. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,468/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1992
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
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Listed by: TJ Peters • Modern Realty
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50150296
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.