6840 S Riverbend LnBaldwinMI49304
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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
Investment property for sale in Baldwin at 6840 S Riverbend Ln, Baldwin, MI, 49304 listed at $273,900 pairs $2,363/mo rent with a $1,341/mo payment to leave $556/mo cash flow. Total monthly income runs $2,363/mo, and annual cash flow reaches $6,676/yr on $90,798 cash to close. Return on cash invested measures 27.26% in year one, and rental yield registers 10.35% at a $273,900 basis. Equity gained on principal adds $1,767/yr, and annual property appreciation at 5% supports $75,674 by year five. Five-year ROI tracks 142.84% and total cumulative return in cash totals $129,698. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,363/mo property income relative to a $1,341/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49304, Baldwin, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,819 (100%) |
| Owner Occupied HU | 1,488 (25.6%) |
| Renter Occupied HU | 467 ( 8.0%) |
| Vacant Housing Units | 3,864 (66.4%) |
| Median Home Value | $141,453 |
| Average Home Value | $196,193 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,003
Multi-Family
186
Businesses
159
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