22770 Oak StPiersonMI49339
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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 Pierson at 22770 Oak St, Pierson, MI, 49339 generates $2,857/mo in rent and, after a $1,957/mo payment, leaves $216/mo in cash flow. Total monthly income is $2,857/mo, and annual cash flow is $2,597/yr on $132,567 invested. Return on cash invested sits at 21.87% in year one, and rental yield is 8.57% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 113.9% and total cumulative return in cash sums $150,992. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,857/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
6,534 sqft lot
$N/A/sqft
$45 annually 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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