11447 64th AveAllendaleMI49401
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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 Allendale at 11447 64th Ave, Allendale, MI, 49401 uses $125,937 cash to close to unlock $3,362/yr annual cash flow and $280/mo monthly cash flow. Total monthly income runs $2,785/mo, and a $1,859/mo payment keeps the spread at $280/mo. Purchase price stands at $379,900, and rental yield measures 8.8% with $2,785/mo rent. Return on cash invested shows 22.58% in year one, and 5% annual appreciation builds toward $104,959 over five years. Five-year ROI reaches 117.71% and total cumulative return in cash records $148,241. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $1,859/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49401, Allendale, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,824 (100%) |
| Owner Occupied HU | 4,699 (47.8%) |
| Renter Occupied HU | 4,684 (47.7%) |
| Vacant Housing Units | 441 ( 4.5%) |
| Median Home Value | $332,493 |
| Average Home Value | $344,488 |
Housing Distribution
Address Breakdown
Residential
8,674
Single Family
7,485
Multi-Family
1,189
Businesses
347
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