8844 Ridge DrWashingtonMI48095
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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 Washington at 8844 Ridge Dr, Washington, MI, 48095 earns from $5,254/mo rent with a $4,160/mo payment. Total monthly income totals $5,254/mo. ROI tracks 18.55% on current figures, and rental yield reads 7.42% at a $849,900 purchase. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 over five years. Five-year ROI reaches 96.09% and total cumulative return in cash sums $268,682. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,254/mo property income instead of your personal income.
Single Family
Built in 2010
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 48095, Washington, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,092 (100%) |
| Owner Occupied HU | 1,908 (91.2%) |
| Renter Occupied HU | 111 ( 5.3%) |
| Vacant Housing Units | 73 ( 3.5%) |
| Median Home Value | $452,250 |
| Average Home Value | $489,477 |
Housing Distribution
Address Breakdown
Residential
2,131
Single Family
2,131
Multi-Family
0
Businesses
203
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Listed by: Maribel Lewis • Realty Executives Home Towne Shelby
Mls Name: MiRealSource
Mls ID: #50150024