8657 Pioneer StWashingtonMI48094
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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 Washington at 8657 Pioneer St, Washington, MI, 48094 uses $128,954 cash to close to unlock $8,012/yr annual cash flow and $668/mo monthly cash flow. Total monthly income runs $3,233/mo, and a $1,904/mo payment keeps the spread at $668/mo. Purchase price stands at $389,000, and rental yield measures 9.97% with $3,233/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 136.69% and total cumulative return in cash records $176,262. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $1,904/mo payment rather than investor’s personal income.
Townhouse
Built in 2021
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48094, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,429 (100%) |
| Owner Occupied HU | 6,873 (81.5%) |
| Renter Occupied HU | 1,262 (15.0%) |
| Vacant Housing Units | 294 ( 3.5%) |
| Median Home Value | $424,158 |
| Average Home Value | $437,504 |
Housing Distribution
Address Breakdown
Residential
8,653
Single Family
7,588
Multi-Family
1,065
Businesses
429
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Listed by: Ina St.Peter • Clients First, REALTORS
Mls Name: Realcomp II
Mls ID: #20251049499