2618 N Mundy AveWhite CloudMI49349
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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 White Cloud at 2618 N Mundy Ave, White Cloud, MI, 49349 priced at $449,000 converts $1,450/mo rent into after a $2,198/mo obligation. Total monthly income equals $1,450/mo. Return on cash invested prints 7.72% in year one, and rental yield reads 3.88% against a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation compiles into $124,050 by year five. Five-year ROI reaches 38.04% and total cumulative return in cash sums $56,620. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,450/mo property income covering a $2,198/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 2,768 (63.9%) |
| Renter Occupied HU | 512 (11.8%) |
| Vacant Housing Units | 1,054 (24.3%) |
| Median Home Value | $179,401 |
| Average Home Value | $243,816 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,303
Multi-Family
87
Businesses
131
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Listed by: Lori Brock • RiverTown Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25010048
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.