907 E Lincoln StMount PleasantMI48858
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
Investment property for sale in Mount Pleasant at 907 E Lincoln St, Mount Pleasant, MI, 48858 listed at $162,500 pairs $1,247/mo rent with a $795/mo payment to leave $176/mo cash flow. Total monthly income runs $1,247/mo, and annual cash flow reaches $2,109/yr on $53,869 cash to close. Return on cash invested measures 23.82% in year one, and rental yield registers 9.21% at a $162,500 basis. Equity gained on principal adds $1,049/yr, and annual property appreciation at 5% supports $44,896 by year five. Five-year ROI tracks 124.4% and total cumulative return in cash totals $67,014. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,247/mo property income relative to a $795/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1914
6,969 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon W Bouck • ERA Reardon Realty Great Lakes
Mls Name: MichRIC
Mls ID: #25048864