890 W Locust St, White Cloud, MI, 49349 | $275/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

Investment property for sale in White Cloud at 890 W Locust St, White Cloud, MI, 49349 offers a 9.55% rental yield on a $202,000 purchase with $1,607/mo rent. Total monthly income registers $1,607/mo, and a $989/mo payment leaves $275/mo available for distribution. Annual cash flow reaches $3,295/yr on $66,963 to close, and return on cash invested stands at 24.83% in year one. Equity gained on principal adds $1,303/yr while 5% annual appreciation supports $55,809 over five years. Portfolio math shows five-year ROI at 129.78% and total cumulative return in cash at $86,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,607/mo property income against a $989/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1950

1.41 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49349, White Cloud, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,334 (100%)
Owner Occupied HU	2,768 (63.9%)
Renter Occupied HU	512 (11.8%)
Vacant Housing Units	1,054 (24.3%)
Median Home Value	$179,401
Average Home Value	$243,816