1058 Amberwood West Dr SWByron 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 1058 Amberwood West Dr SW, Byron Center, MI, 49315 listed at $335,000 pairs $2,912/mo rent with a $1,640/mo payment to leave $703/mo cash flow. Total monthly income runs $2,912/mo, and annual cash flow reaches $8,430/yr on $111,053 cash to close. Return on cash invested measures 27.5% in year one, and rental yield registers 10.43% at a $335,000 basis. Equity gained on principal adds $2,162/yr, and annual property appreciation at 5% supports $92,554 by year five. Five-year ROI tracks 144.1% and total cumulative return in cash totals $160,028. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,912/mo property income relative to a $1,640/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1994
N/A 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: Doug F Takens • Independence Realty (Main)
Mls Name: MichRIC
Mls ID: #25051380