370 N Lester AveWhite CloudMI49349








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


Investment Highlights
Investment property for sale in White Cloud at 370 N Lester Ave, White Cloud, MI, 49349 with 5% annual appreciation on a $265,000 basis while $2,218/mo rent supports operations. Total monthly income totals $2,218/mo and a $1,297/mo payment preserves $471/mo for cash returns. Annual cash flow comes to $5,646/yr on $87,848 deployed, and return on cash invested reaches 26.34% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 10.04%. Five-year ROI measures 137.86% and total cumulative return in cash totals $121,107.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,218/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,334 (100%) |
| Owner Occupied HU | 2,768 (63.9%) |
| Renter Occupied HU | 512 (11.8%) |
| Vacant Housing Units | 1,054 (24.3%) |
| Median Home Value | $179,401 |
| Average Home Value | $243,816 |
Housing Distribution
Address Breakdown
Residential
3,390
Single Family
3,303
Multi-Family
87
Businesses
131
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Nancy Jeffrey • Coldwell Banker Schmidt Newaygo
Mls Name: MichRIC
Mls Provider:
Mls ID: #24049110
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.







