336 N Riverview DrParchmentMI49004
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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 Parchment at 336 N Riverview Dr, Parchment, MI, 49004 offers $2,689/mo rent that, after a $1,434/mo payment, leaves $664/mo cash flow. Total monthly income is $2,689/mo, and annual cash flow is $7,972/yr on $97,096 cash. Return on cash invested measures 28.12% in year one, and rental yield stands at 11.02% at a $292,900 entry. Equity gained on principal adds $1,890/yr while 5% annual appreciation compounds into $80,923 by year five. Five-year ROI records 147.85% and total cumulative return in cash reaches $143,559. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,689/mo property income versus a $1,434/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49004, Kalamazoo, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,278 (100%) |
| Owner Occupied HU | 5,089 (69.9%) |
| Renter Occupied HU | 1,893 (26.0%) |
| Vacant Housing Units | 296 ( 4.1%) |
| Median Home Value | $210,048 |
| Average Home Value | $266,451 |
Housing Distribution
Address Breakdown
Residential
7,034
Single Family
6,643
Multi-Family
391
Businesses
221
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