8937 Day RdPittsfordMI49271
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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
Rental property for sale in Pittsford at 8937 Day Rd, Pittsford, MI, 49271 priced at $237,000 converts $1,596/mo rent into $33/mo cash flow after a $1,160/mo obligation. Total monthly income equals $1,596/mo, and annual cash flow totals $397/yr on $78,566 invested. Return on cash invested prints 20.41% in year one, and rental yield reads 8.08% against a $237,000 entry. Equity gained on principal adds $1,529/yr, while 5% annual appreciation compiles into $65,479 by year five. Five-year ROI reaches 106.15% and total cumulative return in cash sums $83,396. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,596/mo property income covering a $1,160/mo payment, not borrower’s personal income.
Single Family
Built in 1960
14.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49271, Pittsford, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 872 (100%) |
| Owner Occupied HU | 679 (77.9%) |
| Renter Occupied HU | 101 (11.6%) |
| Vacant Housing Units | 92 (10.6%) |
| Median Home Value | $160,489 |
| Average Home Value | $201,020 |
Housing Distribution
Address Breakdown
Residential
863
Single Family
863
Multi-Family
0
Businesses
31
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