2747 Reagan Ave LOT 19ZeelandMI49464
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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
Rental property for sale in Zeeland at 2747 Reagan Ave LOT 19, Zeeland, MI, 49464 generates $5,174/mo in rent and, after a $2,594/mo payment, leaves $1,654/mo in cash flow. Total monthly income is $5,174/mo, and annual cash flow is $19,850/yr on $174,337 invested. Return on cash invested sits at 31.45% in year one, and rental yield is 11.72% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 165.3% and total cumulative return in cash sums $288,179. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,174/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
10,454 sqft lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49464, Zeeland, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,962 (100%) |
| Owner Occupied HU | 9,423 (86.0%) |
| Renter Occupied HU | 1,346 (12.3%) |
| Vacant Housing Units | 193 ( 1.8%) |
| Median Home Value | $352,703 |
| Average Home Value | $373,138 |
Housing Distribution
Address Breakdown
Residential
10,571
Single Family
10,204
Multi-Family
367
Businesses
783
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