8751 Meadowrue 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 8751 Meadowrue Dr, Portland, MI, 48875 priced at $402,960 converts $1,679/mo rent into after a $1,972/mo obligation. Total monthly income equals $1,679/mo. Return on cash invested prints 11.12% in year one, and rental yield reads 5% against a $402,960 entry. Equity gained on principal adds $2,600/yr, while 5% annual appreciation compiles into $111,330 by year five. Five-year ROI reaches 56.26% and total cumulative return in cash sums $75,153. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,679/mo property income covering a $1,972/mo payment, not borrower’s personal income.
Single Family
Built in 2025
1.18 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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