6405-N6405 Ride Outs RdFoster CityMI49834
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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
Investment Highlights
Rental property for sale in Foster City at 6405-N6405 Ride Outs Rd, Foster City, MI, 49834 generates $4,170/mo in rent, after a $4,660/mo payment. Total monthly income is $4,170/mo. Return on cash invested sits at 11.98% in year one, and rental yield is 5.26% on a $952,000 entry. Equity gained on principal adds $6,143/yr, while 5% annual appreciation builds toward $263,020 over five years. Five-year ROI reaches 60.84% and total cumulative return in cash sums $190,541. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,170/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49834, Foster City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 228 (40.4%) |
| Renter Occupied HU | 25 ( 4.4%) |
| Vacant Housing Units | 311 (55.1%) |
| Median Home Value | $197,368 |
| Average Home Value | $227,588 |
Housing Distribution
Address Breakdown
Residential
224
Single Family
224
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A