9974 Circle DrPigeonMI48755
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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 Pigeon at 9974 Circle Dr, Pigeon, MI, 48755 uses $195,722 cash to close to unlock $2,960/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $4,170/mo, and a $2,912/mo payment keeps the spread at $247/mo. Purchase price stands at $594,900, and rental yield measures 8.41% with $4,170/mo rent. Return on cash invested shows 21.57% in year one, and 5% annual appreciation builds toward $164,360 over five years. Five-year ROI reaches 112.26% and total cumulative return in cash records $219,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,170/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48755, Pigeon, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,208 (100%) |
| Owner Occupied HU | 1,134 (51.4%) |
| Renter Occupied HU | 267 (12.1%) |
| Vacant Housing Units | 807 (36.5%) |
| Median Home Value | $172,761 |
| Average Home Value | $255,425 |
Housing Distribution
Address Breakdown
Residential
1,297
Single Family
1,233
Multi-Family
64
Businesses
118
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