6138 River RdEast ChinaMI48054
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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 East China at 6138 River Rd, East China, MI, 48054 earns from $1,700/mo rent with a $2,080/mo payment. Total monthly income totals $1,700/mo. ROI tracks 10.52% on current figures, and rental yield reads 4.8% at a $424,900 purchase. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 over five years. Five-year ROI reaches 53.01% and total cumulative return in cash sums $74,673. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,700/mo property income instead of your personal income.
Single Family
Built in 1951
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48054, East China, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,143 (100%) |
| Owner Occupied HU | 2,593 (82.5%) |
| Renter Occupied HU | 349 (11.1%) |
| Vacant Housing Units | 201 ( 6.4%) |
| Median Home Value | $318,011 |
| Average Home Value | $350,303 |
Housing Distribution
Address Breakdown
Residential
3,101
Single Family
2,930
Multi-Family
171
Businesses
105
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Listed by: Stephanie Snyder • KW Platinum
Mls Name: MiRealSource
Mls ID: #50195860