7876 N Douglas RdRiverdaleMI48877
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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 Riverdale at 7876 N Douglas Rd, Riverdale, MI, 48877 uses $113,207 cash to close to unlock $14,957/yr annual cash flow and $1,246/mo monthly cash flow. Total monthly income runs $3,498/mo, and a $1,671/mo payment keeps the spread at $1,246/mo. Purchase price stands at $341,500, and rental yield measures 12.29% with $3,498/mo rent. Return on cash invested shows 33.12% in year one, and 5% annual appreciation builds toward $94,350 over five years. Five-year ROI reaches 174.23% and total cumulative return in cash records $197,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,498/mo property income covering a $1,671/mo payment rather than investor’s personal income.
Single Family
Built in N/A
20.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48877, Riverdale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,014 (100%) |
| Owner Occupied HU | 788 (77.7%) |
| Renter Occupied HU | 119 (11.7%) |
| Vacant Housing Units | 107 (10.6%) |
| Median Home Value | $169,022 |
| Average Home Value | $210,457 |
Housing Distribution
Address Breakdown
Residential
934
Single Family
934
Multi-Family
0
Businesses
25
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