2257 Stowevalley Dr SEKentwoodMI49508
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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
Rental property for sale in Kentwood at 2257 Stowevalley Dr SE, Kentwood, MI, 49508 priced at $420,000 converts $3,726/mo rent into $956/mo cash flow after a $2,056/mo obligation. Total monthly income equals $3,726/mo, and annual cash flow totals $11,472/yr on $139,230 invested. Return on cash invested prints 28.15% in year one, and rental yield reads 10.65% against a $420,000 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation compiles into $116,038 by year five. Five-year ROI reaches 147.54% and total cumulative return in cash sums $205,423. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,726/mo property income covering a $2,056/mo payment, not borrower’s personal income.
Single Family
Built in 1988
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49508, Grand Rapids, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,271 (100%) |
| Owner Occupied HU | 10,323 (63.4%) |
| Renter Occupied HU | 5,488 (33.7%) |
| Vacant Housing Units | 460 ( 2.8%) |
| Median Home Value | $292,420 |
| Average Home Value | $312,786 |
Housing Distribution
Address Breakdown
Residential
16,167
Single Family
13,226
Multi-Family
2,941
Businesses
918
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