1463 Ponstein DrHudsonvilleMI49426
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
Investment property for sale in Hudsonville at 1463 Ponstein Dr, Hudsonville, MI, 49426 earns $4,447/mo cash flow from $8,430/mo rent with a $2,936/mo payment. Total monthly income totals $8,430/mo, and annual cash flow totals $53,360/yr on $197,367 capital. ROI tracks 47.1% on current figures, and rental yield reads 16.86% at a $599,900 purchase. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 over five years. Five-year ROI reaches 249.19% and total cumulative return in cash sums $491,824. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,430/mo property income instead of your personal income.
Single Family
Built in 2012
0.45 Acres lot
$N/A/sqft
$330 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: Mandie N Jones • Home Quest Realty
Mls Name: MichRIC
Mls Provider:
Mls ID: #24034451
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.