447 Divine HwyPortlandMI48875
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 Portland at 447 Divine Hwy, Portland, MI, 48875 priced at $187,760 converts $1,637/mo rent into $399/mo cash flow after a $919/mo obligation. Total monthly income equals $1,637/mo, and annual cash flow totals $4,786/yr on $62,242 invested. Return on cash invested prints 27.6% in year one, and rental yield reads 10.46% against a $187,760 entry. Equity gained on principal adds $1,212/yr, while 5% annual appreciation compiles into $51,875 by year five. Five-year ROI reaches 144.6% and total cumulative return in cash sums $90,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,637/mo property income covering a $919/mo payment, not borrower’s personal income.
Single Family
Built in 1870
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48875, Portland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 3,418 (77.7%) |
| Renter Occupied HU | 820 (18.6%) |
| Vacant Housing Units | 163 ( 3.7%) |
| Median Home Value | $251,125 |
| Average Home Value | $277,849 |
Housing Distribution
Address Breakdown
Residential
4,375
Single Family
4,065
Multi-Family
310
Businesses
251
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