10342 Lynwood LnZeelandMI49464
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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 Zeeland at 10342 Lynwood Ln, Zeeland, MI, 49464 uses $119,307 cash to close to unlock $4,538/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $1,762/mo payment keeps the spread at $378/mo. Purchase price stands at $359,900, and rental yield measures 9.18% with $2,752/mo rent. Return on cash invested shows 23.71% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 123.8% and total cumulative return in cash records $147,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2001
8,276 sqft lot
$N/A/sqft
No 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
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