3909 W Pine BlvdBitelyMI49309
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 Bitely at 3909 W Pine Blvd, Bitely, MI, 49309 priced at $320,000 pairs $2,296/mo rent with $186/mo cash flow after a $1,566/mo payment. Total monthly income equals $2,296/mo, and annual cash flow comes to $2,232/yr on $106,080 invested. Return on cash invested is 22.01% in year one, and rental yield stands at 8.61% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 114.65% and total cumulative return in cash reaches $121,623. For financing, Ziffy Mortgage’s DSCR program evaluates $2,296/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49309, Bitely, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,132 (100%) |
| Owner Occupied HU | 796 (37.3%) |
| Renter Occupied HU | 106 ( 5.0%) |
| Vacant Housing Units | 1,230 (57.7%) |
| Median Home Value | $185,333 |
| Average Home Value | $244,881 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
33
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