5003 Erika Dr, Pleasant Lake, MI, 49272 | 6.97% Rental Yield

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Pleasant Lake at 5003 Erika Dr, Pleasant Lake, MI, 49272 listed at $619,900 pairs $3,599/mo rent with a $3,034/mo payment. Total monthly income runs $3,599/mo. Return on cash invested measures 17.18% in year one, and rental yield registers 6.97% at a $619,900 basis. Equity gained on principal adds $4,000/yr, and annual property appreciation at 5% supports $171,267 by year five. Five-year ROI tracks 88.74% and total cumulative return in cash totals $180,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,599/mo property income relative to a $3,034/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2005

2.34 Acres lot

$N/A/sqft

No HOA