5248 Pittsburg RdLaingsburgMI48848
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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 Laingsburg at 5248 Pittsburg Rd, Laingsburg, MI, 48848 offers a 24.83% rental yield on a $174,000 purchase with $3,600/mo rent. Total monthly income registers $3,600/mo, and a $852/mo payment leaves $2,452/mo available for distribution. Annual cash flow reaches $29,426/yr on $57,681 to close, and return on cash invested stands at 70.92% in year one. Equity gained on principal adds $1,123/yr while 5% annual appreciation supports $48,073 over five years. Portfolio math shows five-year ROI at 377% and total cumulative return in cash at $217,457. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,600/mo property income against a $852/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1906
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48848, Laingsburg, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,328 (100%) |
| Owner Occupied HU | 2,831 (85.1%) |
| Renter Occupied HU | 323 ( 9.7%) |
| Vacant Housing Units | 174 ( 5.2%) |
| Median Home Value | $301,497 |
| Average Home Value | $316,705 |
Housing Distribution
Address Breakdown
Residential
3,028
Single Family
3,000
Multi-Family
28
Businesses
106
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Listed by: MIKE SELLECK • RICHARD SELLECK AGENCY
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50188369
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