2639 Dutch AcresAlleganMI49010
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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
Investment Highlights
Investment property for sale in Allegan at 2639 Dutch Acres, Allegan, MI, 49010 uses $102,434 cash to close to unlock $6,200/yr annual cash flow and $517/mo monthly cash flow. Total monthly income runs $2,554/mo, and a $1,512/mo payment keeps the spread at $517/mo. Purchase price stands at $309,000, and rental yield measures 9.92% with $2,554/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $85,371 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash records $139,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,554/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 1978
2.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49010, Allegan, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,995 (100%) |
| Owner Occupied HU | 5,834 (73.0%) |
| Renter Occupied HU | 1,343 (16.8%) |
| Vacant Housing Units | 818 (10.2%) |
| Median Home Value | $253,605 |
| Average Home Value | $286,559 |
Housing Distribution
Address Breakdown
Residential
7,618
Single Family
7,132
Multi-Family
486
Businesses
470
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