2307 Pine Grove Dr, New Era, MI, 49446 | 6.54% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in New Era at 2307 Pine Grove Dr, New Era, MI, 49446 offers a 6.54% rental yield on a $420,000 purchase with $2,290/mo rent. 77% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 81.18% and total cumulative return in cash at $113,023. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,290/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1990

0.47 Acres lot

$N/A/sqft

No HOA