8511 Riverest 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
Investment property for sale in Portland at 8511 Riverest Dr, Portland, MI, 48875 uses $99,450 cash to close to unlock $5,712/yr annual cash flow and $476/mo monthly cash flow. Total monthly income runs $2,454/mo, and a $1,468/mo payment keeps the spread at $476/mo. Purchase price stands at $300,000, and rental yield measures 9.82% with $2,454/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 134.17% and total cumulative return in cash records $133,428. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,454/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.31 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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