4355 N Lumberjack RdRiverdaleMI48877
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
Rental property for sale in Riverdale at 4355 N Lumberjack Rd, Riverdale, MI, 48877 offers $2,310/mo rent that, after a $1,321/mo payment, leaves $530/mo cash flow. Total monthly income is $2,310/mo, and annual cash flow is $6,362/yr on $89,472 cash. Return on cash invested measures 27.02% in year one, and rental yield stands at 10.27% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 141.56% and total cumulative return in cash reaches $126,654. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,310/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2016
1.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48877, Riverdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 788 (77.7%) |
| Renter Occupied HU | 119 (11.7%) |
| Vacant Housing Units | 107 (10.6%) |
| Median Home Value | $169,022 |
| Average Home Value | $210,457 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
25
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