3361 Shorecrest DrPiersonMI49339
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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
Investment property for sale in Pierson at 3361 Shorecrest Dr, Pierson, MI, 49339 uses $71,239 cash to close to unlock $740/yr annual cash flow and $62/mo monthly cash flow. Total monthly income runs $1,479/mo, and a $1,052/mo payment keeps the spread at $62/mo. Purchase price stands at $214,900, and rental yield measures 8.26% with $1,479/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $59,373 over five years. Five-year ROI reaches 108.96% and total cumulative return in cash records $77,622. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,479/mo property income covering a $1,052/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.38 Acres 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
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