3890 Riverview Dr SHesperiaMI49421
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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 Hesperia at 3890 Riverview Dr S, Hesperia, MI, 49421 uses $121,992 cash to close to unlock $809/yr annual cash flow and $67/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,801/mo payment keeps the spread at $67/mo. Purchase price stands at $368,000, and rental yield measures 8.13% with $2,494/mo rent. Return on cash invested shows 20.57% in year one, and 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 106.95% and total cumulative return in cash records $130,465. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,801/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49421, Hesperia, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,963 (100%) |
| Owner Occupied HU | 2,022 (68.2%) |
| Renter Occupied HU | 326 (11.0%) |
| Vacant Housing Units | 615 (20.8%) |
| Median Home Value | $173,111 |
| Average Home Value | $207,914 |
Housing Distribution
Address Breakdown
Residential
2,436
Single Family
2,307
Multi-Family
129
Businesses
70
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