27650 Riviera StHarrison TownshipMI48045
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Harrison Township at 27650 Riviera St, Harrison Township, MI, 48045 earns $900/mo cash flow from $3,406/mo rent with a $1,860/mo payment. Total monthly income totals $3,406/mo, and annual cash flow totals $10,800/yr on $125,970 capital. ROI tracks 28.48% on current figures, and rental yield reads 10.76% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 149.33% and total cumulative return in cash sums $188,113. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,406/mo property income instead of your personal income.
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48045, Harrison Township, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,362 (100%) |
| Owner Occupied HU | 8,181 (66.2%) |
| Renter Occupied HU | 3,402 (27.5%) |
| Vacant Housing Units | 779 ( 6.3%) |
| Median Home Value | $336,322 |
| Average Home Value | $360,409 |
Housing Distribution
Address Breakdown
Residential
12,285
Single Family
10,343
Multi-Family
1,942
Businesses
383
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Steven Murphy • Century 21 Campbell Realty
Mls Name: Realcomp II
Mls ID: #20251057866