9828 Pheasant RdgPortlandMI48875
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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 9828 Pheasant Rdg, Portland, MI, 48875 uses $139,230 cash to close to unlock $5,868/yr annual cash flow and $489/mo monthly cash flow. Total monthly income runs $3,259/mo, and a $2,056/mo payment keeps the spread at $489/mo. Purchase price stands at $420,000, and rental yield measures 9.31% with $3,259/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash records $175,375. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,259/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Single Family
Built in 2003
4.79 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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