1867 Elizabeth Ln E #70JenisonMI49428
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 Jenison at 1867 Elizabeth Ln E #70, Jenison, MI, 49428 listed at $256,200 pairs $2,586/mo rent with a $1,254/mo payment to leave $896/mo cash flow. Total monthly income runs $2,586/mo, and annual cash flow reaches $10,758/yr on $84,930 cash to close. Return on cash invested measures 32.58% in year one, and rental yield registers 12.11% at a $256,200 basis. Equity gained on principal adds $1,653/yr, and annual property appreciation at 5% supports $70,783 by year five. Five-year ROI tracks 171.32% and total cumulative return in cash totals $145,500. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,586/mo property income relative to a $1,254/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices