3126 Pinegate DrFlushingMI48433
Nearby investment properties with comparable rents
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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
Rental property for sale in Flushing at 3126 Pinegate Dr, Flushing, MI, 48433 priced at $129,900 converts $1,028/mo rent into $171/mo cash flow after a $636/mo obligation. Total monthly income equals $1,028/mo, and annual cash flow totals $2,054/yr on $43,062 invested. Return on cash invested prints 24.68% in year one, and rental yield reads 9.5% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 129.07% and total cumulative return in cash sums $55,579. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,028/mo property income covering a $636/mo payment, not borrower’s personal income.
Townhouse
Built in 1979
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48433, Flushing, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,185 (100%) |
| Owner Occupied HU | 9,088 (81.3%) |
| Renter Occupied HU | 1,653 (14.8%) |
| Vacant Housing Units | 444 ( 4.0%) |
| Median Home Value | $229,089 |
| Average Home Value | $251,208 |
Housing Distribution
Address Breakdown
Residential
11,097
Single Family
10,558
Multi-Family
539
Businesses
539
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Listed by: Adam E Abt • NextHome Inspire
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50171587
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