4532 Rives Eaton RdRives JunctionMI49277
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 Rives Junction at 4532 Rives Eaton Rd, Rives Junction, MI, 49277 generates $2,689/mo in rent and, after a $1,419/mo payment, leaves $777/mo in cash flow. Total monthly income is $2,689/mo, and annual cash flow is $9,324/yr on $96,135 invested. Return on cash invested sits at 29.61% in year one, and rental yield is 11.13% on a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation builds toward $80,122 over five years. Five-year ROI reaches 155.37% and total cumulative return in cash sums $149,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,689/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4.33 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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Nearby investment properties with comparable prices
Listed by: SUSAN M MOHLMAN • Sproat Realty Professionals-J
Mls Name: MichRIC
Mls Provider:
Mls ID: #24042396
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.