17010 Red Pine Dr NWKent 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 17010 Red Pine Dr NW, Kent City, MI, 49330 uses $78,201 cash to close to unlock $8,424/yr annual cash flow and $702/mo monthly cash flow. Total monthly income runs $2,258/mo, and a $1,155/mo payment keeps the spread at $702/mo. Purchase price stands at $235,900, and rental yield measures 11.49% with $2,258/mo rent. Return on cash invested shows 30.68% in year one, and 5% annual appreciation builds toward $65,175 over five years. Five-year ROI reaches 161.12% and total cumulative return in cash records $125,999. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,258/mo property income covering a $1,155/mo payment rather than investor’s personal income.
Single Family
Built in 1955
1 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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