200 E Chicago RdWhite PigeonMI49099
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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
Rental property for sale in White Pigeon at 200 E Chicago Rd, White Pigeon, MI, 49099 offers $2,154/mo rent that, after a $2,114/mo payment. Total monthly income is $2,154/mo. Return on cash invested measures 14.09% in year one, and rental yield stands at 5.98% at a $432,000 entry. Equity gained on principal adds $2,788/yr while 5% annual appreciation compounds into $119,354 by year five. Five-year ROI records 72.17% and total cumulative return in cash reaches $103,351. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,154/mo property income versus a $2,114/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1850
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
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Listed by: Greg Courtney • Berkshire Hathaway HomeServices MI
Mls Name: MichRIC
Mls ID: #25042717