11189 E Cd AveRichlandMI49083
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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
Investment property for sale in Richland at 11189 E Cd Ave, Richland, MI, 49083 earns $1,361/mo cash flow from $2,899/mo rent with a $1,126/mo payment. Total monthly income totals $2,899/mo, and annual cash flow totals $16,331/yr on $76,245 capital. ROI tracks 41.33% on current figures, and rental yield reads 15.13% at a $230,000 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,545 over five years. Five-year ROI reaches 218.34% and total cumulative return in cash sums $166,471. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,899/mo property income instead of your personal income.
Single Family
Built in 1976
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49083, Richland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,924 (79.6%) |
| Renter Occupied HU | 443 (12.1%) |
| Vacant Housing Units | 306 ( 8.3%) |
| Median Home Value | $365,950 |
| Average Home Value | $516,858 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
3,296
Multi-Family
84
Businesses
281
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