2929 16th 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
Total monthly income runs $2,958/mo, and a $3,203/mo payment. Purchase price stands at $654,450, and rental yield measures 5.42% with $2,958/mo rent. Return on cash invested shows 12.49% in year one, and 5% annual appreciation builds toward $180,812 over five years. Five-year ROI reaches 63.59% and total cumulative return in cash records $136,927. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,958/mo property income covering a $3,203/mo payment rather than investor’s personal income.
Single Family
Built in 1996
3.44 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: Taylor B Caughron • Keller Williams GR East
Mls Name: MichRIC
Mls Provider:
Mls ID: #25028971
Disclaimer: Information is deemed reliable but not guaranteed. Copyright 2025 MichRIC, LLC. All rights reserved.