4999 Pine StGlennieMI48737
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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 Glennie at 4999 Pine St, Glennie, MI, 48737 offers a 6.76% rental yield on a $351,400 purchase with $1,979/mo rent. 42% in year one. Equity gained on principal adds $2,268/yr while 5% annual appreciation supports $97,085 over five years. Portfolio math shows five-year ROI at 84.69% and total cumulative return in cash at $98,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,979/mo property income against a $1,720/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48737, Glennie, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,427 (100%) |
| Owner Occupied HU | 482 (33.8%) |
| Renter Occupied HU | 64 ( 4.5%) |
| Vacant Housing Units | 881 (61.7%) |
| Median Home Value | $159,247 |
| Average Home Value | $167,614 |
Housing Distribution
Address Breakdown
Residential
714
Single Family
714
Multi-Family
0
Businesses
26
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