LOT 1 Driftwood PathUnion PierMI49129
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 Union Pier at LOT 1 Driftwood Path, Union Pier, MI, 49129 at $1,225,000 posts ROI 13.53% with from $5,815/mo rent. Total monthly income equals $5,815/mo. Return on cash invested measures 13.53% and rental yield reads 5.7% at the current $1,225,000. Equity gained on principal adds $7,905/yr, and 5% annual appreciation supports $338,445 by year five. Five-year ROI prints 69.06% and total cumulative return in cash totals $274,116. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,815/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49129, Union Pier, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,246 (100%) |
| Owner Occupied HU | 300 (24.1%) |
| Renter Occupied HU | 46 ( 3.7%) |
| Vacant Housing Units | 900 (72.2%) |
| Median Home Value | $506,579 |
| Average Home Value | $697,942 |
Housing Distribution
Address Breakdown
Residential
377
Single Family
351
Multi-Family
26
Businesses
57
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Nearby investment properties with comparable prices
Listed by: ChooseChad Team • Coldwell Banker Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24058214
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.