10041 Birch DrRiverdaleMI48877
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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 Riverdale at 10041 Birch Dr, Riverdale, MI, 48877 generates $1,915/mo in rent, after a $1,542/mo payment. Total monthly income is $1,915/mo. Return on cash invested sits at 18.04% in year one, and rental yield is 7.3% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 93.38% and total cumulative return in cash sums $97,505. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,915/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48877, Riverdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 788 (77.7%) |
| Renter Occupied HU | 119 (11.7%) |
| Vacant Housing Units | 107 (10.6%) |
| Median Home Value | $169,022 |
| Average Home Value | $210,457 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
25
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