5409 Greenridge Dr, Midland, MI, 48640 | 3.99% 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

Investment property for sale in Midland at 5409 Greenridge Dr, Midland, MI, 48640 earns from $1,560/mo rent with a $2,296/mo payment. Total monthly income totals $1,560/mo. ROI tracks 8.07% on current figures, and rental yield reads 3.99% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 39.92% and total cumulative return in cash sums $62,059. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,560/mo property income instead of your personal income.

Condo

Built in 2021

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