10086 Prairie Grass Ct #50Holland TownshipMI49464
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find 10086 Prairie Grass Ct #50, Holland Township, MI, 49464 in Holland Township worth study. Rental yield 3.6%. The 3.6% gross yield is below cash-flow benchmarks at $340,000, but 5% annual appreciation, adding $93,936 over five years, frames this as a capital growth position. Rent of $1,020/mo partially offsets the $1,529/mo payment. Ziffy Mortgage finances appreciation-play properties (0.67 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $31,367.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.6% | 8.0% |
| Monthly Cash Flow | $(1,547) | $250 |
City averages based on Holland Township market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,020 |
| Total Monthly Debt Service | $2,432 |
| DSCR Ratio | 0.42x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 2020
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
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
Condo
Built in 2020
N/A lot
$N/A/sqft
$325 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taressa L Sprick • HomeRealty Holland
Mls Name: MichRIC
Mls Provider:
Mls ID: #25039708
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.