3361 Shorecrest DrPiersonMI49339
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 3361 Shorecrest Dr, Pierson, MI, 49339 in Pierson at $214,900 earns $1,479/mo in rent and nets $62/mo after the $966/mo payment, a 8.26% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $59,373 over five years. Ziffy Mortgage underwrites this on a 1.53 DSCR without U.S. credit history. With $1,979/yr in principal paydown, total projected return reaches $85,880.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 7.5% |
| Monthly Cash Flow | $62 | $350 |
City averages based on Pierson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,479 |
| Total Monthly Debt Service | $1,332 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices