8719 Meadowrue LnPortlandMI48875
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 8719 Meadowrue Ln, Portland, MI, 48875 at $340,000 posts ROI 23.55% with $342/mo cash flow from $2,584/mo rent. Total monthly income equals $2,584/mo, and annual cash flow records $4,104/yr on $112,710 to close. Return on cash invested measures 23.55% and rental yield reads 9.12% at the current $340,000. Equity gained on principal adds $2,194/yr, and 5% annual appreciation supports $93,936 by year five. Five-year ROI prints 122.88% and total cumulative return in cash totals $138,498.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2012
1.26 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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