15415 Coalter AveKent CityMI49330
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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 Kent City at 15415 Coalter Ave, Kent City, MI, 49330 offers a 7.9% rental yield on a $519,900 purchase with $3,424/mo rent. 03% in year one. Equity gained on principal adds $3,355/yr while 5% annual appreciation supports $143,639 over five years. Portfolio math shows five-year ROI at 103.99% and total cumulative return in cash at $177,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,424/mo property income against a $2,545/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49330, Kent City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,026 (100%) |
| Owner Occupied HU | 1,727 (85.2%) |
| Renter Occupied HU | 256 (12.6%) |
| Vacant Housing Units | 43 ( 2.1%) |
| Median Home Value | $342,276 |
| Average Home Value | $361,327 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,953
Multi-Family
72
Businesses
102
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