3809 Pleasantview RdLeveringMI49755
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
Rental property for sale in Levering at 3809 Pleasantview Rd, Levering, MI, 49755 priced at $339,900 converts $2,815/mo rent into $573/mo cash flow after a $1,664/mo obligation. Total monthly income equals $2,815/mo, and annual cash flow totals $6,878/yr on $112,677 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.94% against a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation compiles into $93,908 by year five. Five-year ROI reaches 136.14% and total cumulative return in cash sums $153,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,815/mo property income covering a $1,664/mo payment, not borrower’s personal income.
Single Family
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49755, Levering, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,371 (100%) |
| Owner Occupied HU | 753 (54.9%) |
| Renter Occupied HU | 116 ( 8.5%) |
| Vacant Housing Units | 502 (36.6%) |
| Median Home Value | $257,886 |
| Average Home Value | $318,310 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
Listed by: Dan O'hare • Real Estate One Indian River
Mls Name: WWMLS
Mls Provider:
Mls ID: #201829444
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