6971 Riga HwyBlissfieldMI49228
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 Blissfield at 6971 Riga Hwy, Blissfield, MI, 49228 listed at $240,700 pairs $1,852/mo rent with a $1,178/mo payment to leave $265/mo cash flow. Total monthly income runs $1,852/mo, and annual cash flow reaches $3,178/yr on $79,792 cash to close. Return on cash invested measures 23.89% in year one, and rental yield registers 9.23% at a $240,700 basis. Equity gained on principal adds $1,553/yr, and annual property appreciation at 5% supports $66,501 by year five. Five-year ROI tracks 124.73% and total cumulative return in cash totals $99,522. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,852/mo property income relative to a $1,178/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
4.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49228, Blissfield, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,269 (100%) |
| Owner Occupied HU | 1,812 (79.9%) |
| Renter Occupied HU | 345 (15.2%) |
| Vacant Housing Units | 112 ( 4.9%) |
| Median Home Value | $214,419 |
| Average Home Value | $272,837 |
Housing Distribution
Address Breakdown
Residential
2,275
Single Family
2,224
Multi-Family
51
Businesses
188
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A