1001 Cobblestone Way Dr SEByron CenterMI49315
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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 Byron Center at 1001 Cobblestone Way Dr SE, Byron Center, MI, 49315 listed at $499,900 pairs $3,402/mo rent with a $2,447/mo payment to leave $105/mo cash flow. Total monthly income runs $3,402/mo, and annual cash flow reaches $1,262/yr on $165,717 cash to close. Return on cash invested measures 20.67% in year one, and rental yield registers 8.17% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 107.48% and total cumulative return in cash totals $178,104. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,402/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2012
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Listed by: Jeffrey Northouse • 42 North Realty Group
Mls Name: MichRIC
Mls ID: #25057652