3962 White Pine DrDewittMI48820
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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 Dewitt at 3962 White Pine Dr, Dewitt, MI, 48820 offers a 7.38% rental yield on a $468,500 purchase with $2,883/mo rent. 31% in year one. Equity gained on principal adds $3,023/yr while 5% annual appreciation supports $129,438 over five years. Portfolio math shows five-year ROI at 94.82% and total cumulative return in cash at $147,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,883/mo property income against a $2,293/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48820, Dewitt, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,301 (100%) |
| Owner Occupied HU | 5,996 (82.1%) |
| Renter Occupied HU | 1,100 (15.1%) |
| Vacant Housing Units | 205 ( 2.8%) |
| Median Home Value | $350,447 |
| Average Home Value | $373,130 |
Housing Distribution
Address Breakdown
Residential
7,660
Single Family
6,974
Multi-Family
686
Businesses
447
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Listed by: Linda M Ellsworth-Moore • Coldwell Banker Professionals-Delta
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #287506
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2025 Greater Lansing Association of REALTORS