24486 6th Ave, Gobles, MI, 49055 | 5.67% Rental Yield

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $3,233/mo, and a $3,348/mo payment. Purchase price stands at $684,000, and rental yield measures 5.67% with $3,233/mo rent. Return on cash invested shows 13.25% in year one, and 5% annual appreciation builds toward $188,977 over five years. Five-year ROI reaches 67.62% and total cumulative return in cash records $152,180. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,233/mo property income covering a $3,348/mo payment rather than investor’s personal income.

Single Family

Built in 1994

21 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 49055, Gobles, MI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,993 (100%)
Owner Occupied HU	2,136 (71.4%)
Renter Occupied HU	383 (12.8%)
Vacant Housing Units	474 (15.8%)
Median Home Value	$246,127
Average Home Value	$290,083