302 W Grand StPiersonMI49339
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 Pierson at 302 W Grand St, Pierson, MI, 49339 at $155,000 posts ROI 23.61% with $159/mo cash flow from $1,181/mo rent. Total monthly income equals $1,181/mo, and annual cash flow records $1,902/yr on $51,383 to close. Return on cash invested measures 23.61% and rental yield reads 9.14% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 123.25% and total cumulative return in cash totals $63,328.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,181/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1955
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices