2964 Parkside DrJenisonMI49428
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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 Jenison at 2964 Parkside Dr, Jenison, MI, 49428 earns $736/mo cash flow from $2,582/mo rent with a $1,370/mo payment. Total monthly income totals $2,582/mo, and annual cash flow totals $8,832/yr on $92,820 capital. ROI tracks 29.42% on current figures, and rental yield reads 11.07% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 154.39% and total cumulative return in cash sums $143,301. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,582/mo property income instead of your personal income.
Condo
Built in 1990
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 49428, Jenison, MI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,104 (100%) |
| Owner Occupied HU | 9,207 (82.9%) |
| Renter Occupied HU | 1,557 (14.0%) |
| Vacant Housing Units | 340 ( 3.1%) |
| Median Home Value | $305,908 |
| Average Home Value | $331,957 |
Housing Distribution
Address Breakdown
Residential
10,503
Single Family
9,826
Multi-Family
677
Businesses
595
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