7940 Sylvan DrPortlandMI48875
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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 Portland at 7940 Sylvan Dr, Portland, MI, 48875 generates $4,858/mo in rent and, after a $1,810/mo payment, leaves $2,419/mo in cash flow. Total monthly income is $4,858/mo, and annual cash flow is $29,030/yr on $122,622 invested. Return on cash invested sits at 43.58% in year one, and rental yield is 15.76% on a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation builds toward $102,197 over five years. Five-year ROI reaches 230.36% and total cumulative return in cash sums $282,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,858/mo property income rather than buyer’s personal income.
Single Family
Built in 1985
0.36 Acres lot
$N/A/sqft
No 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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Listed by: Nick Sandborn • Sandborn Real Estate
Mls Name: Greater Lansing AOR
Mls Provider:
Mls ID: #281814
Disclaimer: IDX information is provided exclusively for Consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2023 Greater Lansing Association of REALTORS