23444 Finch AveMattawanMI49071
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 Mattawan at 23444 Finch Ave, Mattawan, MI, 49071 offers a 12.27% rental yield on a $402,800 purchase with $4,120/mo rent. Total monthly income registers $4,120/mo, and a $1,972/mo payment leaves $1,463/mo available for distribution. Annual cash flow reaches $17,559/yr on $133,528 to close, and return on cash invested stands at 33.06% in year one. Equity gained on principal adds $2,599/yr while 5% annual appreciation supports $111,286 over five years. Portfolio math shows five-year ROI at 173.91% and total cumulative return in cash at $232,219. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,120/mo property income against a $1,972/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49071, Mattawan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,081 (100%) |
| Owner Occupied HU | 3,469 (85.0%) |
| Renter Occupied HU | 437 (10.7%) |
| Vacant Housing Units | 175 ( 4.3%) |
| Median Home Value | $284,983 |
| Average Home Value | $339,384 |
Housing Distribution
Address Breakdown
Residential
4,289
Single Family
4,241
Multi-Family
48
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
