6869 E Jordan RdMount PleasantMI48858
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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 Mount Pleasant at 6869 E Jordan Rd, Mount Pleasant, MI, 48858 listed at $150,000 pairs $1,191/mo rent with a $734/mo payment to leave $202/mo cash flow. Total monthly income runs $1,191/mo, and annual cash flow reaches $2,424/yr on $49,725 cash to close. Return on cash invested measures 24.78% in year one, and rental yield registers 9.53% at a $150,000 basis. Equity gained on principal adds $968/yr, and annual property appreciation at 5% supports $41,442 by year five. Five-year ROI tracks 129.51% and total cumulative return in cash totals $64,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,191/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48858, Mount Pleasant, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,876 (100%) |
| Owner Occupied HU | 9,481 (47.7%) |
| Renter Occupied HU | 8,386 (42.2%) |
| Vacant Housing Units | 2,009 (10.1%) |
| Median Home Value | $184,339 |
| Average Home Value | $222,061 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
16,469
Multi-Family
2,530
Businesses
1,375
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Listed by: CHUCK GASKILL • REISS REAL ESTATE INC.
Mls Name: MiRealSource
Mls ID: #50193754