369 S Shepherd Rd, Mount Pleasant, MI, 48858 | $1,343/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mount Pleasant at 369 S Shepherd Rd, Mount Pleasant, MI, 48858 offers $2,068/mo rent that, after a $538/mo payment, leaves $1,343/mo cash flow. Total monthly income is $2,068/mo, and annual cash flow is $16,116/yr on $36,465 cash. Return on cash invested measures 64.1% in year one, and rental yield stands at 22.56% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 340.34% and total cumulative return in cash reaches $124,104. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,068/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Manufactured

Built in 1989

1 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