10285 River Rock BlvdDimondaleMI48821
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderSteady, low-maintenance, and fundable: 10285 River Rock Blvd, Dimondale, MI, 48821 in Dimondale at $389,900. Rental yield 7.04%. The 7.04% yield and 1.30 DSCR put this right in the range Ziffy Mortgage approves for non-U.S. investors without W-2s or domestic credit. Appreciation at 5%/yr is projected to add $107,722 by year five, and $3,591/yr in principal reduction steadily grows the investor's stake. Total projected cumulative return: $130,301.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7% | 6.5% |
| Monthly Cash Flow | $(349) | $450 |
City averages based on Dimondale market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,287 |
| Total Monthly Debt Service | $2,416 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
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
Condo
Built in 2001
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48821, Dimondale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,641 (100%) |
| Owner Occupied HU | 2,330 (88.2%) |
| Renter Occupied HU | 231 ( 8.7%) |
| Vacant Housing Units | 80 ( 3.0%) |
| Median Home Value | $270,379 |
| Average Home Value | $283,974 |
Housing Distribution
Address Breakdown
Residential
2,446
Single Family
2,030
Multi-Family
416
Businesses
122
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices