Seneca Ridge Dr #CTR8XRMiddlevilleMI49333
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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 Middleville at Seneca Ridge Dr #CTR8XR, Middleville, MI, 49333 with 5% annual appreciation on a $419,700 basis while $3,604/mo rent supports operations. Total monthly income totals $3,604/mo and a $2,054/mo payment preserves $837/mo for cash returns. Annual cash flow comes to $10,038/yr on $139,131 deployed, and return on cash invested reaches 27.12% in year one. Equity gained on principal adds $2,708/yr, and five-year appreciation sums $115,955 alongside rental yield of 10.3%. Five-year ROI measures 142.08% and total cumulative return in cash totals $197,673.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,604/mo property income versus a $2,054/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49333, Middleville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,474 (100%) |
| Owner Occupied HU | 4,393 (80.3%) |
| Renter Occupied HU | 717 (13.1%) |
| Vacant Housing Units | 364 ( 6.6%) |
| Median Home Value | $317,795 |
| Average Home Value | $363,773 |
Housing Distribution
Address Breakdown
Residential
5,147
Single Family
4,969
Multi-Family
178
Businesses
199
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Listed by: N/A • N/A
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