6748 Maple Lane RdRives JunctionMI49277
Nearby investment properties with comparable rents
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 Rives Junction at 6748 Maple Lane Rd, Rives Junction, MI, 49277 at $189,000 posts ROI 34.33% with $753/mo cash flow from $1,999/mo rent. Total monthly income equals $1,999/mo, and annual cash flow records $9,032/yr on $62,654 to close. Return on cash invested measures 34.33% and rental yield reads 12.69% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 180.69% and total cumulative return in cash totals $113,206.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,999/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
8.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49277, Rives Junction, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,359 (100%) |
| Owner Occupied HU | 1,201 (88.4%) |
| Renter Occupied HU | 92 ( 6.8%) |
| Vacant Housing Units | 66 ( 4.9%) |
| Median Home Value | $261,993 |
| Average Home Value | $280,718 |
Housing Distribution
Address Breakdown
Residential
1,250
Single Family
1,250
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RHONDA K. MILES • C-21 Affiliated - Jackson
Mls Name: MichRIC
Mls Provider:
Mls ID: #24043940
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.