10804 Hermitage Pointe RdMiddlevilleMI49333
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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
Total monthly income runs $3,148/mo, and a $4,728/mo payment. Purchase price stands at $966,000, and rental yield measures 3.91% with $3,148/mo rent. Return on cash invested shows 7.89% in year one, and 5% annual appreciation builds toward $266,888 over five years. Five-year ROI reaches 38.9% and total cumulative return in cash records $123,645. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,148/mo property income covering a $4,728/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: Barbara J Lintz • Greenridge Realty (Hastings)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24061886
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.