11481 Cressey RdPlainwellMI49080
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Plainwell at 11481 Cressey Rd, Plainwell, MI, 49080 generates $1,098/mo in rent, after a $3,181/mo payment. Total monthly income is $1,098/mo. Return on cash invested sits at 2.17% in year one, and rental yield is 2.03% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 8.22% and total cumulative return in cash sums $17,586. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,098/mo property income rather than buyer’s personal income.
Single Family
Built in 1911
11.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49080, Plainwell, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,662 (100%) |
| Owner Occupied HU | 5,063 (76.0%) |
| Renter Occupied HU | 1,106 (16.6%) |
| Vacant Housing Units | 493 ( 7.4%) |
| Median Home Value | $284,087 |
| Average Home Value | $341,288 |
Housing Distribution
Address Breakdown
Residential
6,466
Single Family
6,104
Multi-Family
362
Businesses
427
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
