2765 Elmwood DrPiersonMI49339
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Nearby investment properties with comparable prices
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 2765 Elmwood Dr, Pierson, MI, 49339 earns from $2,893/mo rent with a $9,300/mo payment. Total monthly income totals $2,893/mo. ROI tracks 1.58% on current figures, and rental yield reads 1.83% at a $1,900,000 purchase. Equity gained on principal adds $12,260/yr, and 5% annual appreciation supports $524,935 over five years. Five-year ROI reaches 5.02% and total cumulative return in cash sums $30,891. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,893/mo property income instead of your personal income.
Single Family
Built in 1991
0.26 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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