17502 Devonshire StRiverviewMI48193
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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 Riverview at 17502 Devonshire St, Riverview, MI, 48193 earns $673/mo cash flow from $2,388/mo rent with a $1,273/mo payment. Total monthly income totals $2,388/mo, and annual cash flow totals $8,076/yr on $86,190 capital. ROI tracks 29.28% on current figures, and rental yield reads 11.02% at a $260,000 purchase. Equity gained on principal adds $1,678/yr, and 5% annual appreciation supports $71,833 over five years. Five-year ROI reaches 153.62% and total cumulative return in cash sums $132,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,388/mo property income instead of your personal income.
Single Family
Built in 1962
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Victoria Camaj • Providence Properties, Realty & Management
Mls Name: MiRealSource
Mls Provider:
Mls ID: #50173944
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