1780 S Riverside DrAu GresMI48703
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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 Au Gres at 1780 S Riverside Dr, Au Gres, MI, 48703 offers a 9.12% rental yield on a $158,500 purchase with $1,205/mo rent. Total monthly income registers $1,205/mo, and a $776/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,915/yr on $52,543 to close, and return on cash invested stands at 23.55% in year one. Equity gained on principal adds $1,023/yr while 5% annual appreciation supports $43,791 over five years. Portfolio math shows five-year ROI at 122.96% and total cumulative return in cash at $64,607. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,205/mo property income against a $776/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48703, Au Gres, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,325 (45.3%) |
| Renter Occupied HU | 216 ( 7.4%) |
| Vacant Housing Units | 1,382 (47.3%) |
| Median Home Value | $204,223 |
| Average Home Value | $248,306 |
Housing Distribution
Address Breakdown
Residential
1,588
Single Family
1,528
Multi-Family
60
Businesses
108
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