9330 Pier PlWest OliveMI49460
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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 West Olive at 9330 Pier Pl, West Olive, MI, 49460 earns $509/mo cash flow from $3,245/mo rent with a $2,031/mo payment. Total monthly income totals $3,245/mo, and annual cash flow totals $6,102/yr on $137,573 capital. ROI tracks 24.34% on current figures, and rental yield reads 9.38% at a $415,000 purchase. Equity gained on principal adds $2,678/yr, and 5% annual appreciation supports $114,657 over five years. Five-year ROI reaches 127.17% and total cumulative return in cash sums $174,957. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,245/mo property income instead of your personal income.
Single Family
Built in 2016
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49460, West Olive, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,031 (100%) |
| Owner Occupied HU | 3,340 (82.9%) |
| Renter Occupied HU | 268 ( 6.6%) |
| Vacant Housing Units | 423 (10.5%) |
| Median Home Value | $378,999 |
| Average Home Value | $441,543 |
Housing Distribution
Address Breakdown
Residential
3,784
Single Family
3,068
Multi-Family
716
Businesses
132
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Listed by: Mary Dykstra • Keller Williams Harbortown
Mls Name: MichRIC
Mls ID: #25057100