52639 Pineview CirNew BaltimoreMI48051
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 New Baltimore at 52639 Pineview Cir, New Baltimore, MI, 48051 offers a 15.73% rental yield on a $154,900 purchase with $2,030/mo rent. Total monthly income registers $2,030/mo, and a $758/mo payment leaves $1,009/mo available for distribution. Annual cash flow reaches $12,104/yr on $51,349 to close, and return on cash invested stands at 43.48% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,796 over five years. Portfolio math shows five-year ROI at 229.81% and total cumulative return in cash at $118,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,030/mo property income against a $758/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48051, New Baltimore, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,506 (100%) |
| Owner Occupied HU | 6,264 (83.5%) |
| Renter Occupied HU | 986 (13.1%) |
| Vacant Housing Units | 256 ( 3.4%) |
| Median Home Value | $283,218 |
| Average Home Value | $286,672 |
Housing Distribution
Address Breakdown
Residential
7,817
Single Family
7,817
Multi-Family
0
Businesses
604
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Listed by: Michelle Govaere • Sunrise Homes Co Inc
Mls Name: My State MLS
Mls ID: #11365384