3838 Perrine RdRives JunctionMI49277
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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 Rives Junction at 3838 Perrine Rd, Rives Junction, MI, 49277 with 5% annual appreciation on a $265,000 basis while $1,748/mo rent supports operations. Total monthly income totals $1,748/mo and a $1,297/mo payment preserves $1/mo for cash returns. Annual cash flow comes to $6/yr on $87,848 deployed, and return on cash invested reaches 19.92% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 7.92%. Five-year ROI measures 103.44% and total cumulative return in cash totals $90,867.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,748/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49277, Rives Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,201 (88.4%) |
| Renter Occupied HU | 92 ( 6.8%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $261,993 |
| Average Home Value | $280,718 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
35
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Listed by: Trey Waldofsky • Sproat Realty Professionals-J
Mls Name: MichRIC
Mls Provider:
Mls ID: #25014408
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.