127 Vanderveen AveHollandMI49424
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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 Holland at 127 Vanderveen Ave, Holland, MI, 49424 uses $75,582 cash to close to unlock $4,217/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,855/mo, and a $1,116/mo payment keeps the spread at $351/mo. Purchase price stands at $228,000, and rental yield measures 9.76% with $1,855/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $62,992 over five years. Five-year ROI reaches 133.34% and total cumulative return in cash records $100,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,855/mo property income covering a $1,116/mo payment rather than investor’s personal income.
Single Family
Built in 1946
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49424, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,455 (100%) |
| Owner Occupied HU | 14,964 (73.2%) |
| Renter Occupied HU | 4,295 (21.0%) |
| Vacant Housing Units | 1,196 ( 5.8%) |
| Median Home Value | $329,806 |
| Average Home Value | $388,400 |
Housing Distribution
Address Breakdown
Residential
19,746
Single Family
18,493
Multi-Family
1,253
Businesses
1,300
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