15257 Ripple DrLindenMI48451
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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 Linden at 15257 Ripple Dr, Linden, MI, 48451 offers a 16.52% rental yield on a $173,800 purchase with $2,392/mo rent. Total monthly income registers $2,392/mo, and a $851/mo payment leaves $1,246/mo available for distribution. Annual cash flow reaches $14,946/yr on $57,615 to close, and return on cash invested stands at 45.85% in year one. Equity gained on principal adds $1,122/yr while 5% annual appreciation supports $48,018 over five years. Portfolio math shows five-year ROI at 242.53% and total cumulative return in cash at $139,730. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,392/mo property income against a $851/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48451, Linden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,742 (100%) |
| Owner Occupied HU | 5,828 (86.4%) |
| Renter Occupied HU | 535 ( 7.9%) |
| Vacant Housing Units | 379 ( 5.6%) |
| Median Home Value | $300,495 |
| Average Home Value | $344,425 |
Housing Distribution
Address Breakdown
Residential
6,442
Single Family
6,442
Multi-Family
0
Businesses
260
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