2183 Braidwood 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
Rental property for sale in Riley at 2183 Braidwood Rd, Riley, MI, 48041 generates $1,826/mo in rent and, after a $1,114/mo payment, leaves $325/mo in cash flow. Total monthly income is $1,826/mo, and annual cash flow is $3,901/yr on $75,449 invested. Return on cash invested sits at 25.08% in year one, and rental yield is 9.63% on a $227,600 entry. Equity gained on principal adds $1,469/yr, while 5% annual appreciation builds toward $62,882 over five years. Five-year ROI reaches 131.16% and total cumulative return in cash sums $98,961. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
10.10 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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