263 Beech StHollandMI49424
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
Rental property for sale in Holland at 263 Beech St, Holland, MI, 49424 priced at $265,000 converts $1,884/mo rent into $137/mo cash flow after a $1,297/mo obligation. Total monthly income equals $1,884/mo, and annual cash flow totals $1,638/yr on $87,848 invested. Return on cash invested prints 21.77% in year one, and rental yield reads 8.53% against a $265,000 entry. Equity gained on principal adds $1,710/yr, while 5% annual appreciation compiles into $73,215 by year five. Five-year ROI reaches 113.4% and total cumulative return in cash sums $99,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,884/mo property income covering a $1,297/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49424, Holland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,455 (100%) |
| Owner Occupied HU | 14,964 (73.2%) |
| Renter Occupied HU | 4,295 (21.0%) |
| Vacant Housing Units | 1,196 ( 5.8%) |
| Median Home Value | $329,806 |
| Average Home Value | $388,400 |
Housing Distribution
Address Breakdown
Residential
19,746
Single Family
18,493
Multi-Family
1,253
Businesses
1,300
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
