426 Genessee StRiver RougeMI48218
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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
Rental property for sale in River Rouge at 426 Genessee St, River Rouge, MI, 48218 priced at $269,900 pairs $1,696/mo rent with after a $1,321/mo payment. Total monthly income equals $1,696/mo. Return on cash invested is 18.78% in year one, and rental yield stands at 7.54% on a $269,900 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,568 by year five. Five-year ROI measures 97.38% and total cumulative return in cash reaches $87,126. For financing, Ziffy Mortgage’s DSCR program evaluates $1,696/mo property income against a $1,321/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1922
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48218, River Rouge, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,292 (100%) |
| Owner Occupied HU | 1,532 (46.5%) |
| Renter Occupied HU | 1,194 (36.3%) |
| Vacant Housing Units | 566 (17.2%) |
| Median Home Value | $69,308 |
| Average Home Value | $118,450 |
Housing Distribution
Address Breakdown
Residential
2,782
Single Family
2,619
Multi-Family
163
Businesses
154
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Listed by: Johnny M Gewarges • EXP Realty
Mls Name: Realcomp II
Mls ID: #20251025988