9500 N Meridian RdPleasant LakeMI49272
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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 Pleasant Lake at 9500 N Meridian Rd, Pleasant Lake, MI, 49272 earns from $1,507/mo rent with a $1,958/mo payment. Total monthly income totals $1,507/mo. ROI tracks 9.67% on current figures, and rental yield reads 4.52% at a $400,000 purchase. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 over five years. Five-year ROI reaches 48.47% and total cumulative return in cash sums $64,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,507/mo property income instead of your personal income.
Manufactured
Built in 1880
33.70 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Samantha Edelstein • KW Metro
Mls Name: Realcomp II
Mls ID: #20251033676