2631 Rosewood StJenisonMI49428
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 Jenison at 2631 Rosewood St, Jenison, MI, 49428 priced at $329,000 converts $2,998/mo rent into $829/mo cash flow after a $1,610/mo obligation. Total monthly income equals $2,998/mo, and annual cash flow totals $9,944/yr on $109,064 invested. Return on cash invested prints 29.03% in year one, and rental yield reads 10.93% against a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation compiles into $90,897 by year five. Five-year ROI reaches 152.28% and total cumulative return in cash sums $166,077. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,998/mo property income covering a $1,610/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
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