1286 64th StFennvilleMI49408
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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
Total monthly income runs $4,692/mo, and a $4,895/mo payment. Purchase price stands at $1,000,000, and rental yield measures 5.63% with $4,692/mo rent. Return on cash invested shows 13.12% in year one, and 5% annual appreciation builds toward $276,282 over five years. Five-year ROI reaches 66.92% and total cumulative return in cash records $220,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,692/mo property income covering a $4,895/mo payment rather than investor’s personal income.
Single Family
Built in 1945
7.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49408, Fennville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,896 (100%) |
| Owner Occupied HU | 3,416 (69.8%) |
| Renter Occupied HU | 538 (11.0%) |
| Vacant Housing Units | 942 (19.2%) |
| Median Home Value | $330,769 |
| Average Home Value | $479,057 |
Housing Distribution
Address Breakdown
Residential
4,202
Single Family
4,062
Multi-Family
140
Businesses
143
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