1023 Ariebill 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 1023 Ariebill St SW, Wyoming, MI, 49509 uses $62,654 cash to close to unlock $2,588/yr annual cash flow and $216/mo monthly cash flow. Total monthly income runs $1,462/mo, and a $925/mo payment keeps the spread at $216/mo. Purchase price stands at $189,000, and rental yield measures 9.28% with $1,462/mo rent. Return on cash invested shows 24.04% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 125.55% and total cumulative return in cash records $78,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,462/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.86 Acres 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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