3708 Riverview Ter NEast ChinaMI48054
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 East China at 3708 Riverview Ter N, East China, MI, 48054 listed at $999,000 pairs $6,046/mo rent with a $4,890/mo payment. Total monthly income runs $6,046/mo. Return on cash invested measures 18.08% in year one, and rental yield registers 7.26% at a $999,000 basis. Equity gained on principal adds $6,446/yr, and annual property appreciation at 5% supports $276,005 by year five. Five-year ROI tracks 93.54% and total cumulative return in cash totals $307,430. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,046/mo property income relative to a $4,890/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
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Listed by: Mishelle Kasper • Real Estate Brokers & Associates Inc.
Mls Name: MiRealSource
Mls ID: #50190916