27885 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
Investment property for sale in Grosse Ile at 27885 E River Rd, Grosse Ile, MI, 48138 listed at $434,900 pairs $2,472/mo rent with a $2,129/mo payment. Total monthly income runs $2,472/mo. Return on cash invested measures 16.61% in year one, and rental yield registers 6.82% at a $434,900 basis. Equity gained on principal adds $2,806/yr, and annual property appreciation at 5% supports $120,155 by year five. Five-year ROI tracks 85.69% and total cumulative return in cash totals $123,545. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,472/mo property income relative to a $2,129/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
0.59 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: Jane Ferguson • Island Realty - KW Advantage
Mls Name: Realcomp II
Mls ID: #20251031605