5244 E North Dr #41Black RiverMI48721
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 5244 E North Dr #41, Black River, MI, 48721 in Black River at $159,000, 0% gross yield, is a market-growth asset. Rental yield 0%. The $0/mo rent partially funds the $715/mo debt service; the core return is the 5%/yr price growth projected to add $43,929 over five years. Ziffy Mortgage's DSCR mortgage (0.00) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.5% |
| Monthly Cash Flow | $0 | $500 |
City averages based on Black River market data in our database. Property projections are estimates.
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48721, Black River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 202 (54.7%) |
| Renter Occupied HU | 12 ( 3.3%) |
| Vacant Housing Units | 155 (42.0%) |
| Median Home Value | $210,000 |
| Average Home Value | $255,124 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48721, Black River, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 369 (100%) |
| Owner Occupied HU | 202 (54.7%) |
| Renter Occupied HU | 12 ( 3.3%) |
| Vacant Housing Units | 155 (42.0%) |
| Median Home Value | $210,000 |
| Average Home Value | $255,124 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices