5107 W River RdEngadineMI49827
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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 Engadine at 5107 W River Rd, Engadine, MI, 49827 offers $3,475/mo rent that, after a $6,368/mo payment. Total monthly income is $3,475/mo. Return on cash invested measures 5.84% in year one, and rental yield stands at 3.2% at a $1,301,100 entry. Equity gained on principal adds $8,396/yr while 5% annual appreciation compounds into $359,470 by year five. Five-year ROI records 27.85% and total cumulative return in cash reaches $117,385. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,475/mo property income versus a $6,368/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49827, Engadine, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 340 (46.1%) |
| Renter Occupied HU | 32 ( 4.3%) |
| Vacant Housing Units | 365 (49.5%) |
| Median Home Value | $177,273 |
| Average Home Value | $229,426 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.