10 Riverbank DrBeverly HillsMI48025
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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
Rental property for sale in Beverly Hills at 10 Riverbank Dr, Beverly Hills, MI, 48025 priced at $1,137,000 converts $3,790/mo rent into after a $5,565/mo obligation. Total monthly income equals $3,790/mo. Return on cash invested prints 8.29% in year one, and rental yield reads 4% against a $1,137,000 entry. Equity gained on principal adds $7,337/yr, while 5% annual appreciation compiles into $314,132 by year five. Five-year ROI reaches 41% and total cumulative return in cash sums $151,040. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,790/mo property income covering a $5,565/mo payment, not borrower’s personal income.
Single Family
Built in 1998
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48025, Franklin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,073 (100%) |
| Owner Occupied HU | 5,454 (89.8%) |
| Renter Occupied HU | 422 ( 6.9%) |
| Vacant Housing Units | 197 ( 3.2%) |
| Median Home Value | $540,765 |
| Average Home Value | $625,561 |
Housing Distribution
Address Breakdown
Residential
5,938
Single Family
5,735
Multi-Family
203
Businesses
762
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Listed by: Tara A Reibel • Five Star Real Estate (Grandv)
Mls Name: MichRIC
Mls ID: #26003395