160 W Main AveZeelandMI49464
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 160 W Main Ave, Zeeland, MI, 49464 in Zeeland is narrow, $194/mo net on $2,534/mo rent after the $1,596/mo debt service, but the property operates at break-even-plus, not a loss. At $354,900 with a 8.57% yield, the long-run equity case via 5% appreciation ($98,052 over five years) and $3,269/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.59 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $147,656.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.5% |
| Monthly Cash Flow | $194 | $450 |
City averages based on Zeeland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,534 |
| Total Monthly Debt Service | $2,199 |
| DSCR Ratio | 1.15x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1908
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
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
Multi Family
Built in 1908
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices