8797 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 8797 Pioneer St, Washington, MI, 48094 with 5% annual appreciation on a $379,900 basis while $3,043/mo rent supports operations. Total monthly income totals $3,043/mo and a $1,859/mo payment preserves $538/mo for cash returns. Annual cash flow comes to $6,458/yr on $125,937 deployed, and return on cash invested reaches 25.04% in year one. Equity gained on principal adds $2,451/yr, and five-year appreciation sums $104,959 alongside rental yield of 9.61%. Five-year ROI measures 130.91% and total cumulative return in cash totals $164,861.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,043/mo property income versus a $1,859/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
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: Michael DeLorenzo • Arterra Realty Michigan LLC
Mls Name: Realcomp II
Mls ID: #20251008578