12167 Southgate DrPlainwellMI49080
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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 Plainwell at 12167 Southgate Dr, Plainwell, MI, 49080 earns $915/mo cash flow from $3,586/mo rent with a $1,982/mo payment. Total monthly income totals $3,586/mo, and annual cash flow totals $10,976/yr on $134,258 capital. ROI tracks 28.08% on current figures, and rental yield reads 10.63% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Five-year ROI reaches 147.22% and total cumulative return in cash sums $197,654. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,586/mo property income instead of your personal income.
Single Family
Built in 1986
0.29 Acres lot
$N/A/sqft
$10 annually 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
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