2553 21 Mile RdKent CityMI49330
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 Kent City at 2553 21 Mile Rd, Kent City, MI, 49330 listed at $499,900 pairs $2,956/mo rent with a $2,447/mo payment. Total monthly income runs $2,956/mo. Return on cash invested measures 17.44% in year one, and rental yield registers 7.1% at a $499,900 basis. Equity gained on principal adds $3,226/yr, and annual property appreciation at 5% supports $138,113 by year five. Five-year ROI tracks 90.15% and total cumulative return in cash totals $149,400. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,956/mo property income relative to a $2,447/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
5 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices