20 S Zeeland Pkwy #20ZeelandMI49464
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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 Zeeland at 20 S Zeeland Pkwy #20, Zeeland, MI, 49464 with 5% annual appreciation on a $239,900 basis while $1,603/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 8.02%. Five-year ROI measures 80.6% and total cumulative return in cash totals $64,099. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,603/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
N/A lot
$N/A/sqft
$325 monthly 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
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