331 Seneca Ridge Dr #42MiddlevilleMI49333
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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 Middleville at 331 Seneca Ridge Dr #42, Middleville, MI, 49333 earns from $2,514/mo rent with a $2,065/mo payment. Total monthly income totals $2,514/mo. ROI tracks 17.61% on current figures, and rental yield reads 7.15% at a $422,000 purchase. Equity gained on principal adds $2,723/yr, and 5% annual appreciation supports $116,591 over five years. Five-year ROI reaches 91.03% and total cumulative return in cash sums $127,343. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,514/mo property income instead of your personal income.
Single Family
Built in 2024
0.25 Acres 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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Listed by: Ginger Baxter • Keller Williams GR North (Main)
Mls Name: MichRIC
Mls Provider:
Mls ID: #25019816
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.