322 Riverwood DrMiddlevilleMI49333
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
Rental property for sale in Middleville at 322 Riverwood Dr, Middleville, MI, 49333 priced at $325,000 converts $2,315/mo rent into $172/mo cash flow after a $1,591/mo obligation. Total monthly income equals $2,315/mo, and annual cash flow totals $2,058/yr on $107,738 invested. Return on cash invested prints 21.82% in year one, and rental yield reads 8.55% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 113.64% and total cumulative return in cash sums $122,437. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,315/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 1999
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Nearby investment properties with comparable prices
Listed by: Sheila M Workman • Bellabay Realty LLC
Mls Name: MichRIC
Mls Provider:
Mls ID: #25034196
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.