22220 E River RdGrosse IleMI48138
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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
Total monthly income runs $5,660/mo, and a $8,250/mo payment. Purchase price stands at $1,685,500, and rental yield measures 4.03% with $5,660/mo rent. Return on cash invested shows 8.38% in year one, and 5% annual appreciation builds toward $465,673 over five years. Five-year ROI reaches 41.47% and total cumulative return in cash records $226,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,660/mo property income covering a $8,250/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48138, Grosse Ile, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,999 (89.1%) |
| Renter Occupied HU | 294 ( 6.6%) |
| Vacant Housing Units | 193 ( 4.3%) |
| Median Home Value | $391,254 |
| Average Home Value | $436,998 |
Housing Distribution
Address Breakdown
Residential
4,393
Single Family
4,023
Multi-Family
370
Businesses
224
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Listed by: Sherry L Pyszczynski • Keller Williams Paint Creek
Mls Name: Realcomp II
Mls ID: #20251020926