5394 Riverlook Dr NE, Comstock Park, MI, 49321 | $1,615/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

5 Bed
5 Bath
5000 sft

7491 Old Lantern Dr SE, Caledonia, MI, 49316

4 Bed
4 Bath
3518 sft

13115 Edgerton Ave NE, Cedar Springs, MI, 49319

- Bed
- Bath
- sft

Harvest Acre Dr #28D9G3, Lowell, MI, 49331

5 Bed
5 Bath
5189 sft

175 Honey Creek Ave NE, Ada, MI, 49301

Nearby investment properties with comparable prices

Integrity 2000 Plan, Bretonfield Preserve

4 Bed
3 Bath
2022 sft

Integrity 2000 Plan, Bretonfield Preserve, Grand Rapids, MI, 49508

Integrity 2280 Plan, Rolling Meadows Estates

3 Bed
3 Bath
2276 sft

Integrity 2280 Plan, Rolling Meadows Estates, Hudsonville, MI, 49426

4 Bed
3 Bath
2014 sft

5851 Red Cedar Dr SW, Wyoming, MI, 49418

4 Bed
3 Bath
2014 sft

5843 Looking Glass Dr SW, Wyoming, MI, 49418

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Comstock Park at 5394 Riverlook Dr NE, Comstock Park, MI, 49321 with 5% annual appreciation on a $474,900 basis while $4,746/mo rent supports operations. Total monthly income totals $4,746/mo and a $2,324/mo payment preserves $1,615/mo for cash returns. Annual cash flow comes to $19,376/yr on $157,429 deployed, and return on cash invested reaches 32.22% in year one. Equity gained on principal adds $3,064/yr, and five-year appreciation sums $131,206 alongside rental yield of 11.99%. Five-year ROI measures 169.37% and total cumulative return in cash totals $266,639.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,746/mo property income versus a $2,324/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1988

1.54 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49321, Comstock Park, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,190 (100%)
Owner Occupied HU	4,375 (60.8%)
Renter Occupied HU	2,533 (35.2%)
Vacant Housing Units	282 ( 3.9%)
Median Home Value	$311,171
Average Home Value	$337,061