11173 Smiths Creek RdRileyMI48041
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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 Riley at 11173 Smiths Creek Rd, Riley, MI, 48041 generates $2,249/mo in rent, after a $2,178/mo payment. Total monthly income is $2,249/mo. Return on cash invested sits at 14.33% in year one, and rental yield is 6.06% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 73.49% and total cumulative return in cash sums $108,404. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,249/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
6.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48041, Memphis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,812 (100%) |
| Owner Occupied HU | 1,582 (87.3%) |
| Renter Occupied HU | 147 ( 8.1%) |
| Vacant Housing Units | 83 ( 4.6%) |
| Median Home Value | $340,476 |
| Average Home Value | $370,216 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,534
Multi-Family
25
Businesses
83
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