7140 Ridgedale LnLambertvilleMI48144
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 Lambertville at 7140 Ridgedale Ln, Lambertville, MI, 48144 at $231,400 posts ROI 26.44% with $418/mo cash flow from $1,944/mo rent. Total monthly income equals $1,944/mo, and annual cash flow records $5,011/yr on $76,709 to close. Return on cash invested measures 26.44% and rental yield reads 10.08% at the current $231,400. Equity gained on principal adds $1,493/yr, and 5% annual appreciation supports $63,932 by year five. Five-year ROI prints 138.42% and total cumulative return in cash totals $106,178.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,944/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48144, Lambertville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 3,893 (89.0%) |
| Renter Occupied HU | 363 ( 8.3%) |
| Vacant Housing Units | 116 ( 2.7%) |
| Median Home Value | $306,585 |
| Average Home Value | $320,641 |
Housing Distribution
Address Breakdown
Residential
4,209
Single Family
4,151
Multi-Family
58
Businesses
326
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Nearby investment properties with comparable prices
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