21890 Rumur LnPiersonMI49339
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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 Pierson at 21890 Rumur Ln, Pierson, MI, 49339 listed at $251,800 pairs $2,197/mo rent with a $1,232/mo payment to leave $537/mo cash flow. Total monthly income runs $2,197/mo, and annual cash flow reaches $6,443/yr on $83,472 cash to close. Return on cash invested measures 27.63% in year one, and rental yield registers 10.47% at a $251,800 basis. Equity gained on principal adds $1,625/yr, and annual property appreciation at 5% supports $69,568 by year five. Five-year ROI tracks 144.75% and total cumulative return in cash totals $120,827. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,197/mo property income relative to a $1,232/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
1.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49339, Pierson, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,266 (100%) |
| Owner Occupied HU | 929 (73.4%) |
| Renter Occupied HU | 88 ( 7.0%) |
| Vacant Housing Units | 249 (19.7%) |
| Median Home Value | $310,729 |
| Average Home Value | $327,209 |
Housing Distribution
Address Breakdown
Residential
1,043
Single Family
1,043
Multi-Family
0
Businesses
17
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