3501 Rumsey RdPittsfordMI49271
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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 Pittsford at 3501 Rumsey Rd, Pittsford, MI, 49271 priced at $140,000 converts $1,231/mo rent into $308/mo cash flow after a $685/mo obligation. Total monthly income equals $1,231/mo, and annual cash flow totals $3,696/yr on $46,410 invested. Return on cash invested prints 27.87% in year one, and rental yield reads 10.55% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 146.09% and total cumulative return in cash sums $67,798. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,231/mo property income covering a $685/mo payment, not borrower’s personal income.
Manufactured
Built in 1989
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49271, Pittsford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 679 (77.9%) |
| Renter Occupied HU | 101 (11.6%) |
| Vacant Housing Units | 92 (10.6%) |
| Median Home Value | $160,489 |
| Average Home Value | $201,020 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
31
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