2314 Conifer Ridge Dr SWByron CenterMI49315








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
Rental property for sale in Byron Center at 2314 Conifer Ridge Dr SW, Byron Center, MI, 49315 offers $7,950/mo rent that, after a $3,230/mo payment, leaves $3,591/mo cash flow. Total monthly income is $7,950/mo, and annual cash flow is $43,093/yr on $217,107 cash. Return on cash invested measures 39.91% in year one, and rental yield stands at 14.46% at a $659,900 entry. Equity gained on principal adds $4,258/yr while 5% annual appreciation compounds into $182,318 by year five. Five-year ROI records 210.62% and total cumulative return in cash reaches $457,274. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,950/mo property income versus a $3,230/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.77 Acres lot
$N/A/sqft
$85 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49315, Byron Center, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,640 (100%) |
| Owner Occupied HU | 9,012 (84.7%) |
| Renter Occupied HU | 1,223 (11.5%) |
| Vacant Housing Units | 405 ( 3.8%) |
| Median Home Value | $391,039 |
| Average Home Value | $441,361 |
Housing Distribution
Address Breakdown
Residential
10,119
Single Family
9,510
Multi-Family
609
Businesses
824
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Nearby investment properties with comparable prices



Listed by: Corey P Lee • Five Star Real Estate (M6)
Mls Name: MichRIC
Mls Provider:
Mls ID: #24041800
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2024 MichRIC, LLC. All rights reserved.








