W16369 Pine StGould CityMI49838
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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 Gould City at W16369 Pine St, Gould City, MI, 49838 offers a 0% rental yield on a $400,000 purchase with $0/mo rent. 96% in year one. Equity gained on principal adds $2,581/yr while 5% annual appreciation supports $110,513 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,958/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
1.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49838, Gould City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 178 (39.2%) |
| Renter Occupied HU | 30 ( 6.6%) |
| Vacant Housing Units | 246 (54.2%) |
| Median Home Value | $253,846 |
| Average Home Value | $273,230 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
193
Multi-Family
0
Businesses
12
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Listed by: FRIDA WAARA • RE/MAX 1ST REALTY
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50169101
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