280 24th AveHudsonvilleMI49426
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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 Hudsonville at 280 24th Ave, Hudsonville, MI, 49426 earns $321/mo cash flow from $3,866/mo rent with a $2,631/mo payment. Total monthly income totals $3,866/mo, and annual cash flow totals $3,855/yr on $176,838 capital. ROI tracks 22.24% on current figures, and rental yield reads 8.63% at a $537,500 purchase. Equity gained on principal adds $3,468/yr, and 5% annual appreciation supports $148,501 over five years. Five-year ROI reaches 115.85% and total cumulative return in cash sums $204,873. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,866/mo property income instead of your personal income.
Single Family
Built in 1975
2.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49426, Hudsonville, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,184 (100%) |
| Owner Occupied HU | 13,407 (88.3%) |
| Renter Occupied HU | 1,571 (10.3%) |
| Vacant Housing Units | 206 ( 1.4%) |
| Median Home Value | $374,503 |
| Average Home Value | $404,181 |
Housing Distribution
Address Breakdown
Residential
15,064
Single Family
14,846
Multi-Family
218
Businesses
739
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Listed by: Ted E Dozeman • Five Star Real Estate-Holland
Mls Name: MichRIC
Mls ID: #25035704