2864 S Wentward Ct #30HudsonvilleMI49426
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 Hudsonville at 2864 S Wentward Ct #30, Hudsonville, MI, 49426 generates $2,464/mo in rent and, after a $1,346/mo payment, leaves $651/mo in cash flow. Total monthly income is $2,464/mo, and annual cash flow is $7,806/yr on $91,163 invested. Return on cash invested sits at 28.47% in year one, and rental yield is 10.75% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 149.3% and total cumulative return in cash sums $136,103. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,464/mo property income rather than buyer’s personal income.
Condo
Built in 1990
23.88 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy Hullinger • 616 Realty LLC
Mls Name: MichRIC
Mls ID: #26000855