1304 Pearl St, Lake Odessa, MI 48849

2 bd · 1 ba · 1,400 sqft · built 1950 · Lake Odessa · SINGLE_FAMILY·source listing ↗

$174,900

rent, three ways

OnePercent model (vv1)$1,878/mo

p10–p90 confidence band

HUD Fair Market Rent · 48849 · 2BR

$1,150/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Ionia

Flood risk indexRelatively Moderate FEMA NRI

Median household income$80,313

Median area rent$768/mo

Median home value$223,600

the verdict

1.07%vs 1.0% target

wide confidence band

financing: 20% down · — (FRED, live) · 30yr

$174,900

1.07% · rent $1,878

Intrinsic value · income approach

$212,794

18% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.