1117 Peaceful 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 1117 Peaceful Dr SE, Byron Center, MI, 49315 earns $418/mo cash flow from $3,913/mo rent with a $2,594/mo payment. Total monthly income totals $3,913/mo, and annual cash flow totals $5,018/yr on $174,337 capital. ROI tracks 22.94% on current figures, and rental yield reads 8.86% at a $529,900 purchase. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 over five years. Five-year ROI reaches 119.61% and total cumulative return in cash sums $208,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,913/mo property income instead of your personal income.
Single Family
Built in 2012
8,276 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: Meridith Borg • Bialik Real Estate LLC
Mls Name: MichRIC
Mls ID: #25058373