10609 Ridgewood Dr, Greenville, MI, 48838 | $961/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Greenville at 10609 Ridgewood Dr, Greenville, MI, 48838 offers a 12.19% rental yield on a $270,000 purchase with $2,742/mo rent. Total monthly income registers $2,742/mo, and a $1,322/mo payment leaves $961/mo available for distribution. Annual cash flow reaches $11,532/yr on $89,505 to close, and return on cash invested stands at 32.79% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Portfolio math shows five-year ROI at 172.46% and total cumulative return in cash at $154,357. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,742/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1996

0.43 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48838, Greenville, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	8,395 (100%)
Owner Occupied HU	6,106 (72.7%)
Renter Occupied HU	1,708 (20.3%)
Vacant Housing Units	581 ( 6.9%)
Median Home Value	$241,215
Average Home Value	$271,533