242 Sherman BlvdKent CityMI49330
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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 Kent City at 242 Sherman Blvd, Kent City, MI, 49330 listed at $660,000 pairs $3,712/mo rent with a $3,230/mo payment. Total monthly income runs $3,712/mo. Return on cash invested measures 16.52% in year one, and rental yield registers 6.75% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 85.18% and total cumulative return in cash totals $184,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,712/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
6.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49330, Kent City, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,026 (100%) |
| Owner Occupied HU | 1,727 (85.2%) |
| Renter Occupied HU | 256 (12.6%) |
| Vacant Housing Units | 43 ( 2.1%) |
| Median Home Value | $342,276 |
| Average Home Value | $361,327 |
Housing Distribution
Address Breakdown
Residential
2,025
Single Family
1,953
Multi-Family
72
Businesses
102
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