475 Riley Center RdRileyMI48041
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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 Riley at 475 Riley Center Rd, Riley, MI, 48041 with 5% annual appreciation on a $359,000 basis while $2,087/mo rent supports operations. 08% in year one. Equity gained on principal adds $2,317/yr, and five-year appreciation sums $99,185 alongside rental yield of 6.98%. Five-year ROI measures 88.23% and total cumulative return in cash totals $104,995. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,087/mo property income versus a $1,757/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
4.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48041, Memphis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,812 (100%) |
| Owner Occupied HU | 1,582 (87.3%) |
| Renter Occupied HU | 147 ( 8.1%) |
| Vacant Housing Units | 83 ( 4.6%) |
| Median Home Value | $340,476 |
| Average Home Value | $370,216 |
Housing Distribution
Address Breakdown
Residential
1,559
Single Family
1,534
Multi-Family
25
Businesses
83
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