2249 Spartans TrlPinckneyMI48169
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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 Pinckney at 2249 Spartans Trl, Pinckney, MI, 48169 priced at $289,900 converts $1,972/mo rent into after a $1,419/mo obligation. Total monthly income equals $1,972/mo. Return on cash invested prints 18.6% in year one, and rental yield reads 8.16% against a $289,900 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,094 by year five. Five-year ROI reaches 97.13% and total cumulative return in cash sums $93,345. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,972/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
$165 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Janene Spencer-Deaton • RE/MAX Platinum
Mls Name: Realcomp II
Mls Provider:
Mls ID: #20240038281
Disclaimer: IDX provided courtesy of Realcomp II Ltd. via Zillow, Inc and MLS Copyright 2024 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. The data relating to real estate properties on this website was last updated as recently as 2024-10-14 03:45:30 PDT Listing Information presented by local MLS brokerage: Zillow, Inc., REALTOR- Lauren Buttazzoni - (313) 479-2702