715 N University Ave, Mount Pleasant, MI, 48858 | $697/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mount Pleasant at 715 N University Ave, Mount Pleasant, MI, 48858 priced at $179,900 converts $1,884/mo rent into $697/mo cash flow after a $881/mo obligation. Total monthly income equals $1,884/mo, and annual cash flow totals $8,366/yr on $59,637 invested. Return on cash invested prints 33.94% in year one, and rental yield reads 12.57% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 178.68% and total cumulative return in cash sums $106,557. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,884/mo property income covering a $881/mo payment, not borrower’s personal income.

Single Family

Built in 1900

8,712 sqft 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