408 Heath AveWhite PigeonMI49099
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 Pigeon at 408 Heath Ave, White Pigeon, MI, 49099 at $265,000 posts ROI 25.95% with $443/mo cash flow from $2,190/mo rent. Total monthly income equals $2,190/mo, and annual cash flow records $5,310/yr on $87,848 to close. Return on cash invested measures 25.95% and rental yield reads 9.92% at the current $265,000. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 by year five. Five-year ROI prints 135.81% and total cumulative return in cash totals $119,307.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,190/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
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Nearby investment properties with comparable prices
Listed by: Sue A Roach • RE/MAX Elite Group
Mls Name: MichRIC
Mls ID: #26002516