754 Pinegate DrFowlervilleMI48836
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Fowlerville at 754 Pinegate Dr, Fowlerville, MI, 48836 with 5% annual appreciation on a $295,000 basis while $2,340/mo rent supports operations. Total monthly income totals $2,340/mo and a $1,444/mo payment preserves $395/mo for cash returns. Annual cash flow comes to $4,734/yr on $97,793 deployed, and return on cash invested reaches 24.75% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 9.52%. Five-year ROI measures 129.35% and total cumulative return in cash totals $126,494.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,340/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2004
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48836, Fowlerville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,501 (100%) |
| Owner Occupied HU | 4,694 (85.3%) |
| Renter Occupied HU | 657 (11.9%) |
| Vacant Housing Units | 150 ( 2.7%) |
| Median Home Value | $278,107 |
| Average Home Value | $325,316 |
Housing Distribution
Address Breakdown
Residential
5,441
Single Family
5,381
Multi-Family
60
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michaela Martin • RE/MAX Real Estate Professionals
Mls Name: Greater Lansing AOR
Mls ID: #290206