2949 Pagoda PathStevensvilleMI49127
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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 Stevensville at 2949 Pagoda Path, Stevensville, MI, 49127 listed at $1,430,000 pairs $2,789/mo rent with a $6,999/mo payment. Total monthly income runs $2,789/mo. Return on cash invested measures 3.17% in year one, and rental yield registers 2.34% at a $1,430,000 basis. Equity gained on principal adds $9,228/yr, and annual property appreciation at 5% supports $395,083 by year five. Five-year ROI tracks 13.52% and total cumulative return in cash totals $62,634. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $6,999/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49127, Stevensville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,035 (100%) |
| Owner Occupied HU | 3,665 (72.8%) |
| Renter Occupied HU | 825 (16.4%) |
| Vacant Housing Units | 545 (10.8%) |
| Median Home Value | $339,340 |
| Average Home Value | $402,919 |
Housing Distribution
Address Breakdown
Residential
4,962
Single Family
4,883
Multi-Family
79
Businesses
409
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Listed by: Shelle L Dragomer • @properties Christie's International R.E.
Mls Name: MichRIC
Mls ID: #25035714