539 N Morris StPentwaterMI49449
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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 Pentwater at 539 N Morris St, Pentwater, MI, 49449 with 5% annual appreciation on a $305,000 basis while $2,374/mo rent supports operations. Total monthly income totals $2,374/mo and a $1,493/mo payment preserves $363/mo for cash returns. Annual cash flow comes to $4,350/yr on $101,108 deployed, and return on cash invested reaches 24.21% in year one. Equity gained on principal adds $1,968/yr, and five-year appreciation sums $84,266 alongside rental yield of 9.34%. Five-year ROI measures 126.46% and total cumulative return in cash totals $127,858.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,374/mo property income versus a $1,493/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1871
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49449, Pentwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,698 (100%) |
| Owner Occupied HU | 1,193 (44.2%) |
| Renter Occupied HU | 132 ( 4.9%) |
| Vacant Housing Units | 1,373 (50.9%) |
| Median Home Value | $310,494 |
| Average Home Value | $372,414 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,425
Multi-Family
8
Businesses
105
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