8670 E Pickard RdMount PleasantMI48858
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
Rental property for sale in Mount Pleasant at 8670 E Pickard Rd, Mount Pleasant, MI, 48858 offers $2,086/mo rent that, after a $3,916/mo payment. Total monthly income is $2,086/mo. Return on cash invested measures 5.52% in year one, and rental yield stands at 3.13% at a $800,000 entry. Equity gained on principal adds $5,162/yr while 5% annual appreciation compounds into $221,025 by year five. Five-year ROI records 26.16% and total cumulative return in cash reaches $68,852. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,086/mo property income versus a $3,916/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
106.53 Acres 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 |
Housing Distribution
Address Breakdown
Residential
18,999
Single Family
16,469
Multi-Family
2,530
Businesses
1,375
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Listed by: Robin Stressman • PRAEDIUM REALTY ROBIN STRESSMAN & ASSOCIATES
Mls Name: NGLRMLS
Mls ID: #1933679