7094 Atwater DrRuthMI48470
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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 Ruth at 7094 Atwater Dr, Ruth, MI, 48470 listed at $270,000 pairs $1,361/mo rent with a $1,322/mo payment. Total monthly income runs $1,361/mo. Return on cash invested measures 14.28% in year one, and rental yield registers 6.05% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 73.18% and total cumulative return in cash totals $65,497. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,361/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48470, Ruth, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 355 (100%) |
| Owner Occupied HU | 306 (86.2%) |
| Renter Occupied HU | 26 ( 7.3%) |
| Vacant Housing Units | 23 ( 6.5%) |
| Median Home Value | $222,951 |
| Average Home Value | $280,286 |
Housing Distribution
Address Breakdown
Residential
293
Single Family
293
Multi-Family
0
Businesses
17
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