273 Portchester RdHollandMI49424
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 273 Portchester Rd, Holland, MI, 49424 priced at $507,000 pairs $4,340/mo rent with $979/mo cash flow after a $2,482/mo payment. Total monthly income equals $4,340/mo, and annual cash flow comes to $11,753/yr on $166,803 invested. Return on cash invested is 27.11% in year one, and rental yield stands at 10.27% on a $507,000 basis. Equity gained on principal adds $3,272/yr, and 5% annual appreciation accumulates to $140,075 by year five. Five-year ROI measures 142% and total cumulative return in cash reaches $236,853. For financing, Ziffy Mortgage’s DSCR program evaluates $4,340/mo property income against a $2,482/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1981
0.62 Acres lot
$N/A/sqft
$200 annually 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
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