90 S Clymer StPentwaterMI49449
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 Pentwater at 90 S Clymer St, Pentwater, MI, 49449 offers $2,280/mo rent that, after a $1,664/mo payment, leaves $38/mo cash flow. Total monthly income is $2,280/mo, and annual cash flow is $458/yr on $112,677 cash. Return on cash invested measures 20.32% in year one, and rental yield stands at 8.05% at a $339,900 entry. Equity gained on principal adds $2,193/yr while 5% annual appreciation compounds into $93,908 by year five. Five-year ROI records 105.58% and total cumulative return in cash reaches $118,967. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,280/mo property income versus a $1,664/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49449, Pentwater, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,698 (100%) |
| Owner Occupied HU | 1,193 (44.2%) |
| Renter Occupied HU | 132 ( 4.9%) |
| Vacant Housing Units | 1,373 (50.9%) |
| Median Home Value | $310,494 |
| Average Home Value | $372,414 |
Housing Distribution
Address Breakdown
Residential
1,433
Single Family
1,425
Multi-Family
8
Businesses
105
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices