5400 Phyllis DrBlack RiverMI48721
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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
Investment Highlights
Investment property for sale in Black River at 5400 Phyllis Dr, Black River, MI, 48721 at $615,000 posts ROI 12.23% with from $2,735/mo rent. Total monthly income equals $2,735/mo. Return on cash invested measures 12.23% and rental yield reads 5.34% at the current $615,000. Equity gained on principal adds $3,969/yr, and 5% annual appreciation supports $169,913 by year five. Five-year ROI prints 62.16% and total cumulative return in cash totals $125,777. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,735/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.66 Acres 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
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Nearby investment properties with comparable prices
Listed by: Justine Hooper • Amplified Real Estate
Mls Name: MichRIC
Mls Provider:
Mls ID: #25035107
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.