1000 35th St SWWyomingMI49509
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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 Wyoming at 1000 35th St SW, Wyoming, MI, 49509 offers a 8.96% rental yield on a $238,900 purchase with $1,784/mo rent. Total monthly income registers $1,784/mo, and a $1,169/mo payment leaves $209/mo available for distribution. Annual cash flow reaches $2,506/yr on $79,195 to close, and return on cash invested stands at 23.07% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,004 over five years. Portfolio math shows five-year ROI at 120.33% and total cumulative return in cash at $95,297. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,784/mo property income against a $1,169/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49509, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,584 (100%) |
| Owner Occupied HU | 7,689 (72.6%) |
| Renter Occupied HU | 2,668 (25.2%) |
| Vacant Housing Units | 227 ( 2.1%) |
| Median Home Value | $207,897 |
| Average Home Value | $239,716 |
Housing Distribution
Address Breakdown
Residential
10,959
Single Family
9,829
Multi-Family
1,130
Businesses
782
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