2064 E Coggins 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
Rental property for sale in Pinconning at 2064 E Coggins Rd, Pinconning, MI, 48650 generates $831/mo in rent and, after a $538/mo payment, leaves $106/mo in cash flow. Total monthly income is $831/mo, and annual cash flow is $1,272/yr on $36,465 invested. Return on cash invested sits at 23.4% in year one, and rental yield is 9.07% on a $110,000 entry. Equity gained on principal adds $710/yr, while 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 122.06% and total cumulative return in cash sums $44,508. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $831/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
1.07 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: The Batch Klimek Group • RE/MAX Results
Mls Name: MiRealSource
Mls ID: #50191416