3530 S Wise RdMount PleasantMI48858
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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 Mount Pleasant at 3530 S Wise Rd, Mount Pleasant, MI, 48858 priced at $293,000 pairs $2,555/mo rent with $623/mo cash flow after a $1,434/mo payment. Total monthly income equals $2,555/mo, and annual cash flow comes to $7,475/yr on $97,130 invested. Return on cash invested is 27.6% in year one, and rental yield stands at 10.46% on a $293,000 basis. Equity gained on principal adds $1,891/yr, and 5% annual appreciation accumulates to $80,951 by year five. Five-year ROI measures 144.63% and total cumulative return in cash reaches $140,482. For financing, Ziffy Mortgage’s DSCR program evaluates $2,555/mo property income against a $1,434/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
2.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48858, Mount Pleasant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,876 (100%) |
| Owner Occupied HU | 9,481 (47.7%) |
| Renter Occupied HU | 8,386 (42.2%) |
| Vacant Housing Units | 2,009 (10.1%) |
| Median Home Value | $184,339 |
| Average Home Value | $222,061 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
16,469
Multi-Family
2,530
Businesses
1,375
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Listed by: Nicole Moses • eXp Realty
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50167604
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.