702 W 5th StPinconningMI48650
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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 Pinconning at 702 W 5th St, Pinconning, MI, 48650 uses $49,394 cash to close to unlock $2,168/yr annual cash flow and $181/mo monthly cash flow. Total monthly income runs $1,163/mo, and a $729/mo payment keeps the spread at $181/mo. Purchase price stands at $149,000, and rental yield measures 9.37% with $1,163/mo rent. Return on cash invested shows 24.3% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 126.95% and total cumulative return in cash records $62,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,163/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48650, Pinconning, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,103 (100%) |
| Owner Occupied HU | 2,482 (80.0%) |
| Renter Occupied HU | 374 (12.1%) |
| Vacant Housing Units | 247 ( 8.0%) |
| Median Home Value | $160,024 |
| Average Home Value | $188,405 |
Housing Distribution
Address Breakdown
Residential
2,967
Single Family
2,941
Multi-Family
26
Businesses
168
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Listed by: Joan M Swide • RE/MAX Results
Mls Name: MiRealSource
Mls ID: #50190717