17600 Peach Ridge AveKent CityMI49330
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe 8.23% yield at 17600 Peach Ridge Ave, Kent City, MI, 49330 in Kent City is solid, but the $1,758/mo payment compresses net cash flow to $103/mo at $390,900. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $107,998 by year five, and $3,600/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.53) without U.S. income documentation. Total projected return: $155,565.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.0% |
| Monthly Cash Flow | $103 | $450 |
City averages based on Kent City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,681 |
| Total Monthly Debt Service | $2,422 |
| DSCR Ratio | 1.11x |
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.
Single Family
Built in 2021
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
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
Single Family
Built in 2021
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices