69433 S River RdWhite PigeonMI49099
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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 White Pigeon at 69433 S River Rd, White Pigeon, MI, 49099 uses $96,102 cash to close to unlock $3,122/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,172/mo, and a $1,419/mo payment keeps the spread at $260/mo. Purchase price stands at $289,900, and rental yield measures 8.99% with $2,172/mo rent. Return on cash invested shows 23.16% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 120.83% and total cumulative return in cash records $116,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,172/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1969
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49099, White Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,604 (100%) |
| Owner Occupied HU | 1,846 (70.9%) |
| Renter Occupied HU | 409 (15.7%) |
| Vacant Housing Units | 349 (13.4%) |
| Median Home Value | $201,557 |
| Average Home Value | $266,752 |
Housing Distribution
Address Breakdown
Residential
2,369
Single Family
2,346
Multi-Family
23
Businesses
149
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Listed by: Tona Ambrosen • RE/MAX Elite Group T.R.
Mls Name: MichRIC
Mls ID: #25040691