12923 Belle River 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
Investment property for sale in Riley at 12923 Belle River Rd, Riley, MI, 48041 listed at $505,000 pairs $3,594/mo rent with a $2,472/mo payment to leave $264/mo cash flow. Total monthly income runs $3,594/mo, and annual cash flow reaches $3,162/yr on $166,145 cash to close. Return on cash invested measures 21.96% in year one, and rental yield registers 8.54% at a $505,000 basis. Equity gained on principal adds $3,259/yr, and annual property appreciation at 5% supports $139,522 by year five. Five-year ROI tracks 114.37% and total cumulative return in cash totals $190,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,594/mo property income relative to a $2,472/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
10.21 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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