202 N Laird StWhite 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
Investment property for sale in White Pigeon at 202 N Laird St, White Pigeon, MI, 49099 earns $268/mo cash flow from $1,580/mo rent with a $974/mo payment. Total monthly income totals $1,580/mo, and annual cash flow totals $3,212/yr on $65,969 capital. ROI tracks 24.78% on current figures, and rental yield reads 9.53% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 129.51% and total cumulative return in cash sums $85,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,580/mo property income instead of your personal income.
Single Family
Built in 1940
0.47 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: Rachel Hahn Elevate Team • Michigan Top Producers
Mls Name: MichRIC
Mls Provider:
Mls ID: #25017624
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.