305 Pearl StThree RiversMI49093
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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 Three Rivers at 305 Pearl St, Three Rivers, MI, 49093 at $215,000 posts ROI 21.8% with $113/mo cash flow from $1,530/mo rent. Total monthly income equals $1,530/mo, and annual cash flow records $1,350/yr on $71,273 to close. Return on cash invested measures 21.8% and rental yield reads 8.54% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 113.57% and total cumulative return in cash totals $80,941.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49093, Three Rivers, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,443 (100%) |
| Owner Occupied HU | 5,489 (65.0%) |
| Renter Occupied HU | 1,816 (21.5%) |
| Vacant Housing Units | 1,138 (13.5%) |
| Median Home Value | $186,504 |
| Average Home Value | $233,407 |
Housing Distribution
Address Breakdown
Residential
8,248
Single Family
7,525
Multi-Family
723
Businesses
613
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Listed by: Holley Welton-Sangalli • HG Real Estate
Mls Name: MichRIC
Mls ID: #25038012