Seneca Ridge Dr #PHV16JMiddlevilleMI49333
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
Investment property for sale in Middleville at Seneca Ridge Dr #PHV16J, Middleville, MI, 49333 at $371,600 posts ROI 25.63% with $587/mo cash flow from $3,038/mo rent. Total monthly income equals $3,038/mo, and annual cash flow records $7,047/yr on $123,185 to close. Return on cash invested measures 25.63% and rental yield reads 9.81% at the current $371,600. Equity gained on principal adds $2,398/yr, and 5% annual appreciation supports $102,666 by year five. Five-year ROI prints 134.06% and total cumulative return in cash totals $165,147.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,038/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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