2828 N Pine AveWhite CloudMI49349
Nearby investment properties with comparable rents
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 White Cloud at 2828 N Pine Ave, White Cloud, MI, 49349 at $289,900 posts ROI 20.34% with $34/mo cash flow from $1,946/mo rent. Total monthly income equals $1,946/mo, and annual cash flow records $410/yr on $96,102 to close. Return on cash invested measures 20.34% and rental yield reads 8.06% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 105.71% and total cumulative return in cash totals $101,589.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,946/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1998
68 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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Nearby investment properties with comparable prices
Listed by: Justin Olk • Whitetail Properties Real Estate, LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #24031060
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.