1412 Rifle River DrPrescottMI48756
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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 Prescott at 1412 Rifle River Dr, Prescott, MI, 48756 generates $3,308/mo in rent and, after a $1,810/mo payment, leaves $869/mo in cash flow. Total monthly income is $3,308/mo, and annual cash flow is $10,430/yr on $122,622 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.73% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 149.02% and total cumulative return in cash sums $182,734. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,308/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48756, Prescott, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,222 (100%) |
| Owner Occupied HU | 1,623 (50.4%) |
| Renter Occupied HU | 309 ( 9.6%) |
| Vacant Housing Units | 1,290 (40.0%) |
| Median Home Value | $104,388 |
| Average Home Value | $154,436 |
Housing Distribution
Address Breakdown
Residential
1,862
Single Family
1,828
Multi-Family
34
Businesses
60
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