7580 RiverviewSaint LouisMI48880
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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
Rental property for sale in Saint Louis at 7580 Riverview, Saint Louis, MI, 48880 priced at $125,000 converts $981/mo rent into $157/mo cash flow after a $612/mo obligation. Total monthly income equals $981/mo, and annual cash flow totals $1,878/yr on $41,438 invested. Return on cash invested prints 24.44% in year one, and rental yield reads 9.42% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 127.75% and total cumulative return in cash sums $52,937. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $981/mo property income covering a $612/mo payment, not borrower’s personal income.
Manufactured
Built in 1994
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48880, Saint Louis, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,042 (100%) |
| Owner Occupied HU | 2,138 (70.3%) |
| Renter Occupied HU | 655 (21.5%) |
| Vacant Housing Units | 249 ( 8.2%) |
| Median Home Value | $155,172 |
| Average Home Value | $183,709 |
Housing Distribution
Address Breakdown
Residential
2,909
Single Family
2,809
Multi-Family
100
Businesses
192
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Nearby investment properties with comparable prices
Listed by: Susan Massaway • RESULTS REALTY
Mls Name: NGLRMLS
Mls Provider:
Mls ID: #1929122
Disclaimer: The information in this listing was gathered from third-party sources including the seller. Northern Great Lakes REALTORS MLS and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Copyright 2025 Northern Great Lakes REALTORS MLS. All Rights Reserved.