5175 Bishop RdDrydenMI48428
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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 Dryden at 5175 Bishop Rd, Dryden, MI, 48428 generates $3,397/mo in rent and, after a $2,154/mo payment, leaves $495/mo in cash flow. Total monthly income is $3,397/mo, and annual cash flow is $5,940/yr on $145,860 invested. Return on cash invested sits at 23.98% in year one, and rental yield is 9.26% on a $440,000 entry. Equity gained on principal adds $2,839/yr, while 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 125.2% and total cumulative return in cash sums $182,614. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,397/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48428, Dryden, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,012 (100%) |
| Owner Occupied HU | 1,750 (87.0%) |
| Renter Occupied HU | 173 ( 8.6%) |
| Vacant Housing Units | 89 ( 4.4%) |
| Median Home Value | $335,565 |
| Average Home Value | $397,153 |
Housing Distribution
Address Breakdown
Residential
1,884
Single Family
1,884
Multi-Family
0
Businesses
79
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