3455 E Shady Ridge DrMidlandMI48642
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 Midland at 3455 E Shady Ridge Dr, Midland, MI, 48642 at $675,000 posts ROI 20.64% with $108/mo cash flow from $4,559/mo rent. Total monthly income equals $4,559/mo, and annual cash flow records $1,290/yr on $222,075 to close. Return on cash invested measures 20.64% and rental yield reads 8.1% at the current $675,000. Equity gained on principal adds $4,356/yr, and 5% annual appreciation supports $186,490 by year five. Five-year ROI prints 107.28% and total cumulative return in cash totals $238,251.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,559/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48642, Midland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,273 (100%) |
| Owner Occupied HU | 10,847 (71.0%) |
| Renter Occupied HU | 3,491 (22.9%) |
| Vacant Housing Units | 935 ( 6.1%) |
| Median Home Value | $218,575 |
| Average Home Value | $275,267 |
Housing Distribution
Address Breakdown
Residential
14,670
Single Family
13,366
Multi-Family
1,304
Businesses
580
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Listed by: Katrin Thorson • Ayre Rhinehart Real Estate Partners
Mls Name: MIDMLS
Mls Provider:
Mls ID: #50141306
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.