5407 Westridge Dr, Midland, MI, 48640 | 4.86% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Midland at 5407 Westridge Dr, Midland, MI, 48640 generates $1,560/mo in rent, after a $1,884/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 10.71% in year one, and rental yield is 4.86% on a $384,900 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 54.04% and total cumulative return in cash sums $68,955. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.

Condo

Built in 2026

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 48640, Midland, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	13,874 (100%)
Owner Occupied HU	10,179 (73.4%)
Renter Occupied HU	2,982 (21.5%)
Vacant Housing Units	713 ( 5.1%)
Median Home Value	$218,735
Average Home Value	$255,286