905 E Gaylord StMount PleasantMI48858
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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 Mount Pleasant at 905 E Gaylord St, Mount Pleasant, MI, 48858 earns $483/mo cash flow from $2,264/mo rent with a $1,322/mo payment. Total monthly income totals $2,264/mo, and annual cash flow totals $5,796/yr on $89,505 capital. ROI tracks 26.38% on current figures, and rental yield reads 10.06% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 138.08% and total cumulative return in cash sums $123,589. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,264/mo property income instead of your personal income.
Multi Family
Built in 1957
0.27 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: Taylor Carey • COLDWELL BANKER MT. PLEASANT REALTY
Mls Name: NGLRMLS
Mls ID: #1940891