7333 Cedar Ridge DrPortlandMI48875
Nearby investment properties with comparable rents
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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 Portland at 7333 Cedar Ridge Dr, Portland, MI, 48875 earns $548/mo cash flow from $3,670/mo rent with a $2,296/mo payment. Total monthly income totals $3,670/mo, and annual cash flow totals $6,570/yr on $155,474 capital. ROI tracks 24.14% on current figures, and rental yield reads 9.39% at a $469,000 purchase. Equity gained on principal adds $3,026/yr, and 5% annual appreciation supports $129,576 over five years. Five-year ROI reaches 126.11% and total cumulative return in cash sums $196,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,670/mo property income instead of your personal income.
Single Family
Built in 2006
0.72 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48875, Portland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,401 (100%) |
| Owner Occupied HU | 3,418 (77.7%) |
| Renter Occupied HU | 820 (18.6%) |
| Vacant Housing Units | 163 ( 3.7%) |
| Median Home Value | $251,125 |
| Average Home Value | $277,849 |
Housing Distribution
Address Breakdown
Residential
4,375
Single Family
4,065
Multi-Family
310
Businesses
251
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