8779 Geiser GrvRichlandMI49083
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
Rental property for sale in Richland at 8779 Geiser Grv, Richland, MI, 49083 offers $1,903/mo rent that, after a $1,346/mo payment. Total monthly income is $1,903/mo. Return on cash invested measures 19.82% in year one, and rental yield stands at 8.3% at a $275,000 entry. Equity gained on principal adds $1,775/yr while 5% annual appreciation compounds into $75,977 by year five. Five-year ROI records 103.41% and total cumulative return in cash reaches $94,271. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,903/mo property income versus a $1,346/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5,662 sqft lot
$N/A/sqft
$96 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49083, Richland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,673 (100%) |
| Owner Occupied HU | 2,924 (79.6%) |
| Renter Occupied HU | 443 (12.1%) |
| Vacant Housing Units | 306 ( 8.3%) |
| Median Home Value | $365,950 |
| Average Home Value | $516,858 |
Housing Distribution
Address Breakdown
Residential
3,380
Single Family
3,296
Multi-Family
84
Businesses
281
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
