2513 Meadow DrZeelandMI49464
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 Zeeland at 2513 Meadow Dr, Zeeland, MI, 49464 uses $155,772 cash to close to unlock $10,490/yr annual cash flow and $874/mo monthly cash flow. Total monthly income runs $3,973/mo, and a $2,300/mo payment keeps the spread at $874/mo. Purchase price stands at $469,900, and rental yield measures 10.15% with $3,973/mo rent. Return on cash invested shows 26.64% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 139.51% and total cumulative return in cash records $217,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,973/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1991
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices